"Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage", he said.
"We will work hard to make good bets said Bezos but not all good bets will ultimately pay out".
The online retailer raised its minimum wage to $15 per hour for US employees from November, giving in to critics of poor pay and working conditions at the company.
SpaceX's Falcon Heavy makes flawless liftoff, landings
It was all smiles following the flawless lift-off of a SpaceX Falcon Heavy rocket complete with its 6460 kgs (13200 lbs) cargo. On Falcon Heavy's maiden voyage into space in February 2018, an estimated 100,000 visitors came to watch.
Late previous year, Amazon jumped ahead of many rivals by raising its minimum wage for USA workers to $15 an hour.
The challenge comes after Amazon disclosed Bezos's total 2018 compenstation was $1,681,840, 58 times the median compensation of employees other than himself of $28,836.
More than 16,000 employees have taken part in Amazon's Career Choice program, which can see the company pay up to 95% of tuition and fees for qualifying degree and certificate programs. It covered 250,000 Amazon employees and 100,000 seasonal workers.
In his new letter to Amazon (AMZN) shareholders, founder and CEO Jeff Bezos talks about how consumer feedback didn't lead to the development of Amazon's popular Echo device. As for Amazon's competitors, Wal-Mart Stores Inc. has a minimum wage of $11 per hour and Target Stores Inc. pays $12, soon to be increased to $13.
Lomachenko destroys Crolla with 4th round KO
Lomachenko is promoted by Top Rank and fights on ESPN, while Garcia fights for the Premier Boxing Champions created by Al Haymon. The question is whether he is ready for a mature, seasoned elite opponent like Lomachenko at this stage of his development.
And it appears that Amazon, well-known for giving low priority to the short-term growth interests of Wall Street, will continue taking big risks if it sees a potential pay-off in the long run.
"As a company grows, everything needs to scale, including the size of your failed experiments".
Inc. churned out profits last year that exceeded $10 billion, more than tripling net income from the previous year. He mentioned educational programs available to workers and paid for by Amazon as well as the Amazon Future Engineer program with which the company hopes to get more people working in STEM fields.
Messi knows collision was an accident, says Smalling
The Old Lady went into the weekend 20 points ahead of second-placed Napoli with seven games left to play in Italy's top tier. Ronaldo was rested for the second time this season and the club fell to just their second defeat of the campaign.
Pistons in win-and-in scenario, but Griffin out
In Philadelphia, Jonathon Simmons had 20 points to lead the 76ers over Chicago in the regular-season finale for both teams. In San Antonio, LaMarcus Aldridge had 34 points and 16 rebounds and the Spurs beat Dallas in Dirk Nowitzki's final game.
Barr to AOC: Apologize before you come to Kentucky
The Omar controversy stems from comments she made last month at a Council on American-Islamic Relations (CAIR) fundraiser. But Barr in the Friday letter said Ocasio-Cortez's remarks about Crenshaw go too far.