Amazon Ups Hourly Wage To $15, Will Advocate For Higher Pay

NEW YORK — Amazon is boosting its minimum wage for all U.S. workers to $15 per hour starting next month and said it will push for an increase in the federally mandated minimum wage, which now stands at $7.25 per hour.

The company, whose value topped $1 trillion briefly in September, was facing political and economic pressure to raise pay for thousands of employees.

“We listened to our critics, thought hard about what we wanted to do, and decided we want to lead,” said Jeff Bezos, Amazon’s founder and CEO.

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