The median US based pay at Amazon is $36,640. That is not a poverty level wage except in a few urban centres.
https://www.seattletimes.com/business/amazon/amazon-disclose...
The median US based pay at Amazon is $36,640. That is not a poverty level wage except in a few urban centres.
https://www.seattletimes.com/business/amazon/amazon-disclose...
The reason houses are more expensive on average now is they're twice as big. People's expectations have changed.
I mention this because there were no cheap housing periods.
[1] https://fee.org/articles/new-homes-today-have-twice-the-squa...
Often low-income families would live in smaller houses for less money if they had the choice, but building smaller and more dense housing has since been restricted by planning codes, often with the intent of excluding poor people.
I'm conservative-minded on regulation for exactly this reason; my parents and grandparents were allowed to live poor yet we're obligated to pay substantially more in housing because of restrictions and requirements that purportedly address safety concerns that I'm willing to risk.
This seems to simplistic an analyze. It does not consider different areas of the country changing at different rates. And to compare two different medians seems fishy: they are not even the same house.
Or as every other first-world country calls it, "the minimum standard we provide for our citizens."
The problem is the bottom line isn't good enough. The truth is every single one of those workers would be better off in practically any other OECD country. Anywhere in Europe, anywhere in Canada, they'd be better off. That's not okay for the greatest country in the world. America can do better.
But even with the new goalposts: comparing Amazon workers to the median worker in other OECD nations, it is objectively untrue that Amazon's group health insurance plan is worse than that of public health insurance in other developed countries. America's problem isn't that workers of rich corporations have inadequate healthcare, it's that you have to work for a rich corporation to have adequate healthcare.
You have to keep in mind that healthcare isn't 100% free in most of the world, there's still co-insurance, co-pays, etc. With that in mind, I work in insurance, and I can tell you right now that the health insurance plans afforded to software engineers of most of the big tech companies are on average more generous than those of most European countries in terms of total out-of-pocket expenditure. At Amazon, the US warehouse workers are given the same health insurance as their company-mates sitting in the cubicles.
Just because the elites are paid insane sums, doesn't mean the majority are making anything reasonable.
Edit: I miss read and you have median. Fair enough. 35k usd is still terrible pay though, and I'd rather work somewhere that doesn't have 12 hour shifts for that semi ok pay. Can work elsewhere half as hard for the same money or better. Won't pass out from heat exhaustion, won't he fired for trying to unionize, won't have covid pay taken back, won't be denied safe working conditions in a pandemic, etc.
Unless more than half of Amazon's employees are highly paid developers and executives, that number represents a normal employee.