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Sunday, October 02, 2022

Amazon Payroll

How Amazon is looking at employment, staffing issues

Will Amazon’s $1 billion payroll investment work to keep front lines staffed?  in Retailwire

 Source: Amazon recruitment video

AMAZON EMPLOYEE MOTIVATION HUMAN RESOURCES ONLINE RETAIL UNIONS WORKER ISSUES

Sep 29, 2022, by George Anderson     With further expert discussion. 

Amazon.com yesterday said it will invest $1 billion over the next year to raise the pay of frontline workers and that it was introducing a new perk that would give these employees early access to a portion of their paychecks.

The retail and technology giant said that its frontline workers in customer fulfillment and transportation will now earn between $16 and $26 per hour, depending on their position and where they are working in the U.S.

“Front-line employees across customer fulfillment and transportation will now earn, on average, more than $19 per hour in the U.S., and they also have access to a growing range of comprehensive benefits to support themselves and their families,” said John Felton, Amazon’s senior vice president of worldwide operations, in a statement. “Continuing to invest in pay, providing easy access to earned wages at any time during the month, and offering great benefits and career advancement opportunities are all part of our long-term efforts to be the best employer in the world.”

Amazon is introducing Anytime Pay, which provides the company’s employees with access to up to 70 percent of their eligible earned wages ahead of a pay day. The timing is up to the worker and there is no fee attached to the service. The company previously paid workers on a regular schedule either once or twice a month. Employees are expected to respond favorably to the perk, which gives them more flexibility when it comes to their personal finances. ... ' 

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