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Posted on: October 04, 2018 12:30 PM

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15 an hour at Amazon had its fine print

The online commerce giant, Amazon announced $15 an hour for its employees working on minimum wage during a press release. Workers and politicians praised the announcement. However, the company also released a fine print. No bonus and stock options will be issued to workers on minimum wage. Most employees working in the tech sector prefers stock option and bonus over salary. The risk is rewarding and promising for future collateral on financial issues. An example is each stock is worth $1,097 as of today so take the option over salary and wait few weeks if the stock hits $1200 making a nice turnover. Buy 10 stocks of Amazon and do the math. Stocks can be used as a collateral to buy that million dollar home or even a Ferrari like those techies in Silicon Valley.

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