Amazon doubles base pay to $350,000 for corporate workers
Amazon doubles base pay to $350,000 for corporate workers
- Feb 09, 2022
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"This past year has seen a particularly competitive labor market and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for attracting and retaining top talent, we decided to make meaningfully bigger increases to our compensation levels than we do in a typical year", the memo said as reported by GeekWire.
The raise does not mean that all corporate employees will see an immediate pay hike. Rather, this move gives the company more flexibility to raise some workers' pay where workers feel increasingly empowered to go elsewhere.
Source: CBS News
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