Wow, does the top comment always have to be cynical? This is exactly what everyone wanted Amazon to do. Maybe it's time to suck it up and give praise where praise is due?
There are also benefits to paying more salary than your competitors (no hiring shortages, best employees, low turnover, etc), so I'm not going to blindly accept that it's now in Amazon's interest to drag the rest of the industry along with them.
But even if I did, there's absolutely no guarantee that this kind of lobbying would ever work. And if it did, it could be decades from now, $0.50, or both. In the meantime, Amazon has already put their money where their lobby is.
There are also benefits to paying more salary than your competitors (no hiring shortages, best employees, low turnover, etc), so I'm not going to blindly accept that it's now in Amazon's interest to drag the rest of the industry along with them.
But even if I did, there's absolutely no guarantee that this kind of lobbying would ever work. And if it did, it could be decades from now, $0.50, or both. In the meantime, Amazon has already put their money where their lobby is.