Amazon has recently been under fire by Senator Bernie Sanders who claims that the company doesn't pay its lower-level employees a fair wage.
With the announcement, Jeff Bezos has encouraged other companies to follow the e-commerce giant in increasing their wages and plans on lobbying an increase in the federal minimum wage which is only $7.25.
Sanders commended Bezos for the move saying that it could be a shot heard around the world.
After the tax reform bill last year many companies have raised wages for its employees. Target increased its minimum wage to $12, with plans to raise it to $15 by 2020, USA Today reports. Walmart has also upped its wages to $11 an hour.
The fight to raise the minimum wage to $15 has taken in several cities and states. Most recently, Massachusetts passed a bill to hit that mark by 2023, USA Today reports.