Jordan Inquirer
Business

Warehouse and transportation workers at Amazon receive higher hourly wages

Amazon Inc has announced that its warehouse and transportation workers will receive an average starting wage of more than $19 per hour, a significant increase in pay from the previous hourly rate of $18. A wage hike would help the company retain workers in a tightening U.S. labor market as gifting season approaches.

Warehouse and transportation workers at Amazon receive higher hourly wagesIt is estimated that Amazon will lose nearly $1 billion over the next year as a result of the pay rise. In the United States, employees will now earn between $16 and $26 per hour depending on their position and location. According to Reuters, Amazon’s minimum wage for hourly employees remains $15 in the U.S. Amazon’s decision comes as some workers continue to push for union representation at its U.S. facilities. So far, only one Amazon facility has voted to unionize.

Related posts

CEO of JPMorgan says it is too soon to declare victory over inflation

Big earnings week lifts US stocks, but Tesla sinks

Alena Baranova

Dow plunges 900 points, Nasdaq suffers worst month since 2008

Alena Baranova