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Amazon has announced an increase in pay for its fulfillment and transportation workers in the United States, along with offering free Prime memberships as part of the benefits package. The pay raise of at least $1.50 per hour will bring hourly wages to over $22, or more than $29 including benefits. This move comes amid growing pressure from warehouse staff for better contracts and working conditions. The decision to raise wages comes as the company faces increased scrutiny from workers seeking improved terms. The Prime membership benefit will be added to the package next year, and the pay hikes are set to be implemented starting this month. With over 800,000 full-time and contract workers in fulfillment and transportation roles in the U.S., Amazon aims to attract and retain employees as it prepares for the upcoming holiday season.
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Emma Collins, graduated in Financial Economics from the University of Chicago in the USA in 2016. She has since worked at an asset management firm in New York, where she specializes in investment strategies and portfolio management. Emma has a keen interest in financial analysis and has published several articles in renowned financial journals. Her work focuses on providing actionable insights to investors, and she is known for her forward-thinking approach to managing financial portfolios.