Amazon is making notable strides in bettering the work environment and perks for its employees. Setting a pace in the competitive tech industry, the e-commerce giant recently announced a noteworthy increment in the average pay for its warehouse workers and incorporated a free Prime membership to the bunch of perks it offers to its employees.
Previously, the average wage for Amazon warehouse workers was $15 per hour. With the new change, the wage has been increased to an average of $18 per hour. This increase across its U.S. warehouses marks a significant step in the company’s commitment towards employee well-being. The boost in pay will impact over half a million employees, illustrating the massive implications of the decision.
This wage increment places the e-commerce behemoth ahead in the industry. Analysts opine that this move will have a dramatic effect on the job market. Other corporations will likely feel the pressure to raise their wages to compete with Amazon for workers, especially when the country is facing ‘The Great Resignation’, a large-scale occupational shift where millions of workers are quitting their jobs.
Apart from the salary increment, the added perks and bonuses demonstrate Amazon’s continual effort in amplifying employee satisfaction. A stellar addition is the free Amazon Prime Membership, a remarkable asset considering the $119 annual price tag for regular Prime membership. This membership is teeming with benefits such as free two-day shipping, access to Prime Video, Amazon Music, and various other services that one would typically pay for. Granting this premium service to their warehouse workers for free offers the employees a significant monetary advantage, furthering their incentives to remain with the company.
In addition to pay rises and free Prime Membership, Amazon also boosts compensation with a signing bonus of up to $3,000 in certain locations, and provides further education opportunities for employees. Their ‘Career Choice’ program, which funds tuition fees for in-demand fields, is a testament to the company’s commitment to workforce development.
In summary, Amazon’s warehouse employees are the backbone of the multinational company’s supply chain. Recognizing their importance, Amazon has introduced a significant increase to the average wage and added a free Prime Membership to its list of employee perks. This strategic move from Amazon not only makes it an attractive employer but also sets a standard for other tech giants in terms of employee compensation and benefits.
