Why? Rising wages at companies like Amazon play a role, and are hitting companies where it hurts --- their profits. WSJ's Ken Brown explains. Photo composite: Heather Seidel/WSJ ...

Amazon.com Inc said on Tuesday it would raise its minimum wage to $15 per hour for U.S. employees from next month, giving in to critics of poor pay and working conditions at the world`s second most ...

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The federal minimum wage has been $7.25 since 2009 ... Here's the median wage for workers at companies like Amazon and Walmart.

For instance, economists from University of California, Berkeley and Brandeis University found that when a company like Amazon arrives in a city with its minimum $15 wage, nearby wages go up too.

A wage below which employers may not legally pay employees for specific kinds of employment The federal Fair Labor Standards Act (FLSA) sets a minimum wage that most employees must be paid.

Some employers have established company-wide minimum wages. Those include big retailers such as Amazon, which offers workers an average of $18 per hour for new hires, and Costco, which pays a ...

But Amazon doesn't pay these drivers' wages. It also doesn't offer them the protections, benefits, or other perks - like its new, highly-touted $15 minimum wage - that are afforded to its own ...