Amazon raises minimum hourly pay by $1 to $20 for US operations workers
· CNA · JoinRead a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST
Sept 16 : Amazon.com said on Wednesday it is raising hourly pay for eligible full-time U.S. operations workers by $1, bringing the new minimum wage to $20 per hour.
Here are more details:
• The e-commerce and cloud giant also unveiled a new benefit called "Day 1 Financial," giving qualified employees and their families lifetime access to low-cost banking services through First Tech Federal Credit Union.
• Amazon said that these new offerings build on Amazon's existing benefits, such as healthcare coverage for as little as $5 per week, a free Prime membership, and prepaid education programs.
• Amazon said that when including the value of its benefits package, the average total compensation for eligible employees working full-time in core operations roles will exceed $32 per hour.
Newsletter
Week in Review
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Sign up for our newsletters
Get our pick of top stories and thought-provoking articles in your inbox
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app