Sign up for our free daily newsletter


Get the latest news and some fun stuff
in your inbox every day

Amazon A Good Place To Work

Amazon has a bad reputation in some circles. The most common criticism is about their labour practices. They pay too little and expect too much. When you employ 1.3 million people, there are bound to be a few grumpy employees?

In the developed world, where unemployment rates are really low, employees have options. If one employer mistreats you, then you move to another. Due to this fierce competition for employees, I think the claims against Amazon are overblown. My brother-in-law has worked in Amazon distribution centres for a few years now; he only has good things to say about the company. According to Amazon, 94% of their employees would recommend the company to their friends as an employer.

To further boost Amazon's case, I came across this article last week - When Amazon Raises Its Minimum Wage, Local Companies Follow Suit. Remember, Amazon is ahead of the curve by already having a company-wide minimum wage of $15 an hour.

Amazon is a company that has brought cheap and convenient shopping to consumers, employs over a million people and has been very good to its shareholders. Everyone seems to be winning here?

If you haven't read it yet, here is Bezos' most recent letter to shareholders. In it he talks about their initiatives to make Amazon the 'Earth's Best Employer' - Letter to Shareholders.


Other recommended stocks     Other stories about AMZN