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The manner in which Amazon announced its $15 wages is likely to boost the productivity gains coming from the wage hikes. How so? Beyond the classic notion of efficiency wages - I work harder because I fear losing a better-paying job - above-market wages can lead to a second productivity gain driven by employees' innate sense of reciprocity. Research (including our own work) has found that when a company gives unexpected pay increases, workers often reciprocate by working harder than is required (even if they don't worry about getting fired). And, what better way to signal your good intentions and concern for workers than through a flamboyant public announcement of a substantial pay raise. Of course, there remain open questions about the implementation of Amazon's new plan: Will employee benefits (like annual bonuses) be rolled back to finance the wage increase? Will some contract workers be excluded from it? We hope not, and we hope that Amazon is sincere about meaningfully improving wages for their lower wage workers. Furthermore, the law of unintended consequences being what it is, we're sure that not even Amazon will anticipate all of the effects of higher wages - one story that followed close on the heels of the announcement described brewing resentment among incumbent Amazon workers that newbies would get the same high wage as more senior employees.

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Big Number Spotify has 406 million active monthly users and is one of the most popular streaming platforms. Despite its popularity with listeners, Spotify has long been criticized by artists who believe they should earn more from streams on it. Last year, a group of independent artists held a series of protests in front of Spotify artists demanding 1 cent per stream be doled out to rights holders, according to the Los Angeles Times. Several mainstream and big-name artists have spoken out against low payments. In 2014, three years after Spotify launched in the U.S., Taylor Swift removed her music from the platform because of how it paid artists, though she later returned and still remains on it. Paul McCartney, Kate Bush and Sting were among the musicians who signed a letter to U.K. Prime Minister Borris Johnson last year urging reforms in the streaming industry, including increased payouts. Last month, Kanye West opted to release his latest album Donda 2 on his own device, rather than streaming services, because of how artists have been "hurt" by the platforms, he said. When joining a growing chorus of creators who removed their work from Spotify last month in protest of comments made by Joe Rogan, singer India.Arie called out the streaming service for paying artists "a fraction of a penny" but paying over $100 million to exclusively distribute Rogan's show.