Amazon has faced pressure over allegations of low pay and poor working conditions in recent years.
Amazon's wage hike came at a time when US unemployment was at a near two-decade low as retailers and shippers were competing for hundreds of thousands of workers for the all-important holiday shopping season.More news: Uber filing offers glimpse under its hood ahead of IPO
Walmart's executive vice president of corporate affairs, Dan Bartlett, responded to Bezos by tweeting, "Hey retail competitors out there (you know who you are) how about paying your taxes?"
Amazon raised its minimum wage previous year for all USA full-time, temporary and seasonal employees. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication. That pay hike was not universally praised by all workers, who said the company cut two employee benefits as well: monthly bonuses and the chance to own some of Amazon's sky-rocketing stock.
In his letter, Bezos talked about the growth of third-party sellers on Amazon, as independent sellers have grown from 3 percent to 58 percent of physical growth merchandise sales.More news: Playstation Network: Here’s How To Change The Date Of Birth
In an annual letter to shareholders, Bezos said Amazon wants to hire hire employees "who can think like owners".
Target has already announced plans to raise its wage from $12 to $13. The airport is the largest hub for each of the airlines.
"As a company grows, everything needs to scale, including the size of your failed experiments", Bezos wrote. More than 16,000 Amazon employees have used the program. "Developers doubled the number of Alexa skills to over 80,000, and customers spoke to Alexa tens of billions more times in 2018 compared to 2017".More news: BTS Fans Left Hypnotised as K-Pop Boy Band Makes SNL Debut
The CEO said he believed the wage hike was good for business, saying the increase was "beyond competitive".