Faced with a tight U.S. labor market, Amazon is also offering a $3,000 signing bonus to new employees in some locations.
Amazon said it has raised its average starting wage to $18 and hour in the U.S.Amazon plans to hire an additional 125,000 workers and in some locations, Reuters reported citing company executive Dave Bozeman.
The company is offering signing bonuses of $3,000—triple of what it offered in May—as it looks to lure new employees in a tight labor market. Bozeman claimed that Amazon’s hike in compensation is driven by fierce competition and comes on the heels of the companyHe added that the company will maintain a minimum wage of $15 an hour.that the company also plans to recruit over 55,000 tech and corporate employees globally.$16.40.
earlier this month. Walmart said it was raising wages for 565,000 workers as it looks to attract and retain employees.Amazon’s hike in wages comes at a time when several employers—particularly those in the retail, restaurant and hospitality businesses—face a labor shortage. Last Thursday, weekly jobless claimsof 310,000 while in August the unemployment rate dropped to 5.2%, down from 5.4% in July.
on job growth. The study noted that more workers were staying home due to a combination of factors including lack of access to child care, pandemic-related health concerns and fatigue working in stressful, low-paying jobs.
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