Raising Minimum Wage: What’s the Big Deal?

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In just two weeks, the pay bump that Amazon promised its 250,000 employees and 100,000 seasonal workers will go into effect in the U.S. and U.K. Earlier this month, Amazon announced that it will be raising its minimum wage to $15 per hour, regardless of employees’ full-time, part-time or seasonal status – just in time for the holiday season. But if this extreme bump in pay seems too good to be true, well, it kind of is.

Workers deserve to be compensated with a livable wage, but when pay dramatically increases, something else usually has got to give. In Amazon’s

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