Amazon announce to increase wages for over 500,000 staff

By Sanjay Maurya

News Highlights

Amazon announced on April 28 that there would be an increase for more than 5 million merchants.
Amazon will increase salaries for more than half of Operations’ employees. Darcy Henry, Amazon Vice President of Global Human Resources said in a blog post.
The increase is designed to help and create incentives for thousands of jobs to be hired in factories in the United States.

Amazon announce to raise wages for over 5 Lakhs staff

The company announced on April 28 that there would be an increase for more than 5 million merchants. Amazon Will increase salaries for more than half of employees. Darcy Henry, Amazon Vice President of Global Human Resources said, 50 cents to $ 3 an hour. Henry said in a blog post on Amazon’s website that Amazon would spend more than $ 1 billion on additional payments for over 5 Lakhs workers.

Henry said the wage increase would come into force in mid-May early this year. The company announced that it extended an annual salary review for positions on its customer fulfillment, distribution, package sorting, and fulfillment teams from fall through the spring.

Henry said the increase is designed to help and create incentives for thousands of jobs to be hired in factories in the United States. The company will be hired for the thousands of employees in 2020 as the coronavirus virus epidemic pushed the company into a wave of hiring with a surge in online orders.

When the economy resumed, some companies said they had difficulty finding workers and suggested that the expansion of unemployment benefits was a possible cause of staff shortages. Critics have argued that employers should consider increasing pay to attract workers.

In 2018, the company raised its minimum wage to $ 15 for all unemployed workers following pressure from politicians and workers’ advocates. Currently, it is around $ 7.25 hourly and it will reach $ 15 hourly by 2025. A $ 15 per hour down payment as part of their anti-union argument in a high-level election at a warehouse in Alabama earlier this month.

The e-commerce giant is the second-largest private employer in the United States after its retail competitor Walmart, which has more than 800,000 employees nationwide.

One of the biggest winners of the epidemic, company posted record profits recently, noting that consumers will continue to spend in the booming US economy and those who go on online shopping are unlikely to leave.

Ever since the outbreak of the coronavirus began, shoppers have increasingly relied on Amazon for domestic staple delivery, and the company hopes to continue the aftermath of the epidemic, especially for food.