• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Friday, June 2, 2023
Comal County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home News

Amazon More Than Doubles Salary Caps To $350,000 For US White-Collar Employees – CNN

by NewsReporter
February 7, 2022
in News
amazon-more-than-doubles-salary-caps-to-$350,000-for-us-white-collar-employees-–-cnn
Share on FacebookShare on Twitter

Washington (CNN Business)Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce, in a nod to how the pandemic has exacerbated an already fierce competition for talent nationwide.

The e-commerce and cloud computing giant announced in an internal blog post Monday that the company’s maximum base pay in the United States is more than doubling, to $350,000 a year from $160,000.

Amazon is raising the price of annual Prime memberships to $139

The blog post, a copy of which CNN reviewed, added that Amazon (AMZN) is also “increasing overall compensation ranges for most jobs globally, and the increases are much more considerable than we’ve done in the past.” Those changes apply to Amazon corporate and technology employees worldwide.

    “This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for attracting and retaining top talent, we decided to make meaningfully bigger increases to our compensation levels than we do in a typical year,” the internal post said.

      Amazon spokesperson Kelly Nantel declined to comment on the blog post but confirmed its authenticity.

          At an Amazon warehouse in Alabama, a milestone union election is set to begin all over again

            It’s not clear how many Amazon employees may directly benefit from the change or will soon earn the top-tier pay rate, but the blog post said Amazon’s base pay cap had been kept at $160,000 “for several years.”

            The change comes as Amazon kicks off its annual performance evaluation season this week. An additional change, the blog post said, is that employees who are promoted into a new pay band will see the results of that promotion in the year it occurs through the granting of additional mid-year stock compensation. Previously, the post said, promotions only provided “a base pay increase prior to the next annual compensation cycle.”

            Related Posts

            gearhead-enjoys-piecing-cars-back-together-|-community-alert-|-herald-zeitung.com-–-herald-zeitung

            Gearhead Enjoys Piecing Cars Back Together | Community Alert | Herald-Zeitung.com – Herald Zeitung

            by NewsReporter
            April 14, 2022
            0

            “It doesn’t matter if you are 16, 22, 40, 82 or 90. Everybody loves a Ford Mustang.”That is just one of the many observations Doyle Marshall has made regarding Americans and their love of automobiles. Doyle knows a thing or two about cars. He serves as co-chair of the New...

            Ukrainians Face New Hurdle At U.S. Border: No Dogs – The New York Times

            by NewsReporter
            April 14, 2022
            0

            Please enable JS and disable any ad blocker

            perspective-|-here’s-how-the-us.-should-respond-to-any-russian-cyberattacks-–-the-washington-post

            Perspective | Here’s How The U.S. Should Respond To Any Russian Cyberattacks – The Washington Post

            by NewsReporter
            April 14, 2022
            0

            Placeholder while article actions loadRussian cyberattacks may be coming. Last month, the White House issued its starkest warning yet that “evolving” intelligence indicates Moscow is planning major cyber operations against the United States in retaliation for the economic penalties that the country has imposed on Russia for its invasion of...

            100-club-of-comal-county-honors-late-sheriff,-constable-remembered-for-their-long-time-service-–-herald-zeitung

            100 Club Of Comal County Honors Late Sheriff, Constable Remembered For Their Long-Time Service – Herald Zeitung

            by NewsReporter
            April 13, 2022
            0

            End of watch for two late county lawmen was one of the most poignant highlights of the 100 Club of Comal County’s annual dinner, attended by hundreds Tuesday night at the New Braunfels Civic/Convention Center.Criminal District Attorney Jennifer Tharp paid homage to both legends whose long-time county service was celebrated...

            Comal County News Online

            © 2021 Comal County News Online

            Navigate Site

            • Disclosure
            • Privacy Policy
            • DMCA Policy
            • CCPA
            • Medical Disclaimer

            Follow Us

            No Result
            View All Result
            • Home
            • DMCA Policy
            • Medical Disclaimer
            • Privacy Policy
            • Disclosure
            • CCPA
            • Terms of Use

            © 2021 Comal County News Online

            We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
            Cookie SettingsAccept All
            Manage consent

            Privacy Overview

            This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
            Necessary
            Always Enabled
            Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
            CookieDurationDescription
            cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
            cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
            cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
            cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
            cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
            viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
            Functional
            Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
            Performance
            Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
            Analytics
            Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
            Advertisement
            Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
            Others
            Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
            SAVE & ACCEPT