Amazon (NASDAQ: AMZN) Invests $10 Billion to Expand Pay and Benefits For Employees
September 29 2022 - 03:36AM
TipRanks
Amazon (NASDAQ: AMZN) announced on Wednesday that it was hiking the
pay for its U.S. front-line employees. The tech giant also rolled
out a new benefit that would allow employees to collect their pay
at any point during the month. Starting from October, the company
upped the average starting pay for front-line employees in customer
fulfillment and transportation to more than $19 per hour from $18
per hour earlier. Amazon also stated that it was making additional
investments in career development programs for its frontline
employees as it remained committed to upskilling 300,000 employees
by 2025.
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Amazon.com (NASDAQ:AMZN)
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