+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Brutal Conditions In Amazon's Warehouses Threaten To Ruin The Company's Image

Aug 5, 2013, 20:42 IST

Jeff Bezos

The fact that German unions are striking over pay rates in Amazon's warehouses in that country is easy to dismiss: Everyone knows that Amazon is the very model of modern innovation. And German unions? Please. Don't make us laugh.

Advertisement

But hold that thought. Because Amazon is such a big employer - it has nearly 100,000 workers - the way Amazon treats its workers is becoming a big issue, and Amazon needs to tackle it head-on before its reputation is damaged and it becomes "the Walmart of the Web."

Consider:

Amazon warehouse workers are paid $11 an hour in the U.S. That's far higher than the $7.25 federal level. But that's not the point. From Amazon's point of view, embittered temp workers are going to publish nightmare-ish tales of working at Amazon far faster than Amazon's media relations people will be able to rebut them. The fact that Amazon often places its warehouses in semi-rural/suburban areas where there are few other jobs hurts the company, too. It makes people feel like the exploitation is the whole point, not an accidental side effect of trying to save money.

And then there are the margins. Amazon's operating income in 2012 was just 1% of revenues. Walmart's was 6%. Amazon has thinner margins than Walmart. That suggests Amazon is even more incentivized to exploit its workers than Walmart is - it has less room for error.

Advertisement

Amazon needs to get ahead of this. It has taken years for CEO Jeff Bezos to build Amazon into the success story that it is. It could take just a few months for its brand name to be turned into a byword for chiseling. Now is the time to act, before things get out of control.

Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article