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Amazon hiked its pay as it hires for logistics jobs

September 15, 2021

Amazon hiked its pay as it hires for logistics jobs
Amazon.com Inc has increased its average starting wage in the United States to more than $18 an hour and plans to hire another 125,000 stockroom and transportation workers, a leader told Reuters.
The world’s biggest online retailer has raised wages from around $17 since May. In certain areas, the organization is giving signing bonuses of $3,000, said Dave Bozeman, VP of Amazon Delivery Services, or triple what the organization offered four months ago.
The fatter paycheck shows how big employers are desperate to attract workers and undeniably close U.S. work market. Fewer Americans are seeking jobless claims just as openings have hit a record in the reopening economy.
Bozeman credited Amazon’s most recent compensation increase to the wild contest. Amazon didn’t give accurate figures, yet a $1 raise on a $17-per-hour compensation would add up to about a 6% hike.
Amazon, presently the second-greatest U.S. private employer, set a $15 minimum wage in 2018. Walmart Inc recently touted hourly-based wages of $16.40, while Walgreens Boots Alliance Inc said it would raise its base to $15 in October.
“It’s a tight work market, and we’ve considered some to be that as the entire industry is seeing,” clarified Bozeman, who talked in a meeting at a delivery station in Tukwila, Washington.

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