HelpWanted.com

Amazon doubles base pay to $350,000 for corporate workers

Amazon doubles base pay to $350,000 for corporate workers

Amazon is more than doubling its maximum base pay to $350,000 for some corporate and tech employees. The company cited increased competition for tech talent as the reason for the raises. According to an internal memo, the tight labor market has pushed Amazon to raise corporate employees' pay higher and faster than it normally would. The company said it is "increasing overall compensation ranges for most jobs globally, and the increases are much more considerable than we've done in the past."

"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 
Tags In
Jobs In Tamil Nadu

Previous days news

Feb 7 Feb 4 Feb 2 Jan 31 Jan 30

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
ST Hiring Process Workplace Diversity Mumbai Salary Breakdown MBA Layoffs Digital Talent Retail Jobs Unemployment In Haryana Employment Recovery Language Barrier Economy Revival Manufacturing INdustry ESS International Jobs Hiring Spree Business News Social Network Online Travel Company Tata Jobs In ECIL EQ Skills World Economic Forum Jobs In Goa Haryana Govt COVID-19 Outbreak Unlawful Jobs Logistics Hiring Rural India New Scheme Labour Reforms Central Government Level Military Communication Sbu Air Force Job Portals Stimulus India Inc Online Learning Deceased Employee Freshers Microsoft Cricket Coach Jobs In Travel And Tourism Rajouri DC Job In Maharashtra Banking Hiring Online Learning Indian Job Sector Jobs At AIIMS
Articles

Avoid These 5 (Obvious) Mistakes in Your Job Application

Today’s market is a competitive one – especially after the COVID-19 pandemic. Unlike 2019, when the ...Read more

With Manufacturing Jobs Returning to America, What Does It Mean for Manufacturing Job Seekers?

Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...Read more

Return to Office: Tips to cope with Change

The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...Read more

How you can pay off student debt while you work

Student loan debt is a crisis that has been making its way through The United States for quite some ...Read more