Amazon raises minimum hourly pay by $20 for US workers | Latest Tech News
Amazon is raising the minimum hourly pay for its eligible full-time US operations workers by $1 to $20, the e-commerce and cloud giant said Wednesday.
The company also unveiled a new benefit, “Day 1 Financial,” giving certified workers and their households lifetime access to low-cost banking providers through First Tech Federal Credit Union.
The average whole compensation will now exceed $32 per hour including the worth of its advantages package deal, Amazon said. USA TODAY Network via GWN Connect
Amazon already provides advantages such as healthcare coverage for as little as $5 per week, a free Prime membership, and pay as you go teaching programs.
The average whole compensation will now exceed $32 per hour including the worth of its advantages package deal, the company said.
Hourly pay for Walmart’s US workers begins at $14, while Target provides a minimum hourly wage of $15, according to their web sites. Last 12 months, Costco raised its minimum wage for entry-level workers to $20 an hour, according to its annual report.
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