No. I'm not "missing the point". But you, however, are. Compensation consists of multiple parts most of which are ignored with an exclusive focus on money wages. Further, if you're going to make a broad, aggregate claim "that wages have been significantly suppressed over the past 20 years" (except for millionaires, you should support this with facts. I'm not a millionaire (nor are most of my colleagues) and our wages have not been "significantly suppressed" (or suppressed at all) for the past 20 years. Please be specific about your claim and provide data in support of it.

But all of that is really beside the point. Per this article, Amazon hired 900 people who apparently believe the job they're being offered (and all of its wages and benefits) is better than whatever alternative they currently have.