Connect with us

Hi, what are you looking for?

FutureGoldenTarget.comFutureGoldenTarget.com

Business News

Amazon increases average pay for warehouse workers and adds free Prime membership perk

Amazon announced Wednesday it is raising wages for its hourly warehouse workers and adding a new employee perk that will give them a Prime subscription at no extra cost.

Beginning this month, Amazon’s average starting pay for front-line employees in the U.S. will be bumped to an average of more than $22 an hour, up from roughly $20.50 an hour, the company said.

Amazon said it is also making its Prime subscription service a part of employees’ benefit package beginning “early next year.” The service, which costs $140 a year, gives members access to speedy shipping and video streaming, among other perks.

Last week, Amazon also hiked wages for its contracted delivery drivers to roughly $22 an hour as part of a $2.1 billion investment this year into its third-party logistics program.

The wage hikes come as Amazon is preparing to enter the peak holiday shopping season, a period when retailers typically see a flurry of online shopping. Amazon said Tuesday it plans to host a second Prime Day-like deal bonanza on Oct. 8-9, the third year it has held the discount event.

This post appeared first on NBC NEWS

You May Also Like

Stock News

SPX Monitoring purposes: Sold SPX Oct. 18, 2023, at 4314.60 gain 0.35%; Long SPX Sept. 28, 2023 at 4299.70. Gain since Dec 20, 2022...

Stock News

In this week’s edition of Trading Simplified, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits...

Stock News

If you are a really long-term investor, then you want to buy stocks when everyone is happy, and no one likes the stock market...

Investing News

Copper is one of the most important materials in our everyday life, and copper scrap material represents a strategic source of the crucial base...