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
IT Job Creation PMC OVerseas Jobs Concentrix Corporation Jobs In Germany Myntra Skill Gap In India Fake Jobs Finance Minister Jobs In Kashmir SWAN Uoskilling Manufacturing INdustry Congress Non Farm Industries Post-lockdown Soft Skills Paramedical Professionals South Eastern Railways Rajasthan Government Tour Of Duty Post Pandemic Indian Startups Work Struggle Full Time CFOs Remote Jobs Economy Revival Indian Oil White Collar Jobs UPSC Sensex Skill India International Centre IT Skills Unemployment In Harayana Paid Internships Energy Sectors Trade Unions AIIMS Recruitment Bank Exams Fake CAll Centre Investment Government Jobs Jobmarket Industrial Revolution Remote Working Bill Gates ITJOBS Recruitment 2022 Samsung Hiring
Articles

A Quick Look at The Great Resignation

The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...Read more

How to Avoid Burnout in 2022

Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...Read more

Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

Top paying Careers in 2021

The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...Read more