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Some Amazon employees say they're making less after the raise Blowback at Amazon - after announcing a new $15 minimum wage, it turns out some employees might be getting a paycut because of stock awards going away and smaller bonuses. Several Amazon warehouse workers in the U.S., who spoke to Yahoo Finance on the condition of anonymity fearing reprisals, talked about how the change will negatively affect them. After the removal of these perks, some workers said they will be making less. Most of the workers who voiced concerns have been working for the company for more than two years, and have been earning close to $15 an hour before the raise. While these workers' hourly rates will rise modestly, they said they could lose thousands of dollars that they would have collected from the stock and monthly-bonus programs. Amazon said those who are already making $15 an hour will see an increase in pay but did not specify how much. In the past, Amazon had used stock options as a major selling point during the recruiting process. "One of the ways we foster ownership among employees is through Restricted Stock Unit (RSU) awards. RSUs are a key part of our global compensation program, which has been carefully designed to help us attract, motivate and retain employees of the highest caliber," according to an Amazon brochure about the program. Another major perk that Amazon is phasing out is employee's monthly bonuses, called Variable Compensation Pay (VCP). An employee can earn up to 8% of their monthly income, but it depends on how many hours they work and the facility site's production goals. An average worker usually receives $1,800 to $3,000 a year through the VCP program, according to employees who talked to Yahoo Finance. Some said it's especially frustrating to see the program removed now, since VCP doubles during peak months in the holiday season. The Amazon spokesperson also said, "The significant increase in hourly cash wages more than compensates for the phase out of incentive pay and RSUs." Amazon bought Whole Foods a year ago. Here's what has changed camera bag cyber mondayimitation louis vuitton bags

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