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Stock impact report

Staffing up for the holidays was already tough. Then came Amazon [CNN]

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Company Research Source: CNN
Amazon raises minimum wage to $15 an hour Washington (CNN Business) For companies trying to staff up for the holidays, Amazon's move to a $15 minimum wage comes at a bad time. It's causing a lot of buzz with my clients: How do we address the issue of a $15 minimum wage? says Craig Rowley, who leads the consumer practice at the human resources consultancy Korn Ferry. Here's a major employer announcing they're going to $15 an hour — not in two to three years, but right now. Retailers and shippers were already preparing for a busier-than-usual holiday season in the tightest labor market in a generation. An estimated 589,000 seasonal positions have been announced, according to outplacement firm Challenger, Gray & Christmas , and companies were jockeying to attract workers with perks such as paid time off, transportation reimbursement, and higher pay. Read More Amazon's sudden jump blows them both away. Unlike Amazon, which has alternative revenue s Show less Read more
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