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5 Things to Know About Amazon and CEO Jeff Bezos

Amazon is back in the press with its recent decision to raise the minimum wage it pays its U.S. workers. What else don't you know about Amazon? Watch now!

Amazon (AMZN) - Get, Inc. Report is in the news again.

This time it is for its decision to raise the minimum wage it pays U.S. workers to $15 an hour, but it seems that pay raise comes at a cost.

The company will no longer offer monthly bonuses and stock awards for warehouse workers and other hourly employees.

Despite that wrinkle, the total compensation for hourly workers will see a net gain, the company said in a statement.

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"In addition, because it's no longer incentive-based, the compensation will be more immediate and predictable," Amazon said.

So that's all good to know.  What else do you need to know?  Watch now!

And for more on Amazon, click here:

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