I just found out I do have $25,000 of life insurance from Amazon I did not ask for Why? I would rather have health insurance I am now getting $9.62 cents a week for health insurance but I get $25,000 if I die.
So you be the judge am I worth more alive or dead?
Why is it called dead peasant life insurance?
Company-owned life insurance is commonly referred to as dead peasant life insurance because of its historical use. In the 1980s, many major corporations began purchasing corporate-owned life insurance on low-wage workers without telling them.
Their intention was not solely to profit from the employees’ deaths, but the move was viewed as controversial because companies could secretly make millions off employee death benefits and the growth of the policies’ cash value. www.bankrate.com/...
Does anyone here know just how much profit Amazon makes in total and just off me if I die? I really am worried Amazon might be incentivized to work me to death.
24 January 2024. Amazon is notorious for its high turnover rate and oppressive working conditions in its warehouses. Workers are tracked to nearly every movement and high demands are placed on workers to fulfill their quotas and performance metrics. This highly demanding working environment has created one of the highest turnover rates in the world, at 150 percent a year, according to an investigation by the New York Times. That means that the number of people who quit or are fired each year is higher than total employment at the company. And of those who are hired, 70 percent leave within 90 days, a
Such a high turnover rate is expensive, costing Amazon an estimated $8 billion every year. www.wsws.org/...
This is what I wrote Linda Sanchez my CongressWoman So World Wide Dead Peasants Insurance is at a minimum worth more to Amazon than giving us good healthcare. I will contact my Congressperson I want Amazon to take their life insurance policy on me and spend it on my healthcare profiting off my death seems like it should be illegal.
www.dailykos.com/...