Amazon has good news for his employees.
The company increases the salary of bases more than double more than doubled.
According to the leaky memo, which first appeared in Geekwire, “Amazon will increase the maximum base to pay it to $ 350,000 for employees of the company and technology, from the previous $ 160,000, as part of the overall increase in the total compensation intended to recruit the upper talent and retain employees.
” Geekwire claims to have seen the memo and checked his authenticity with Amazon.
Memo to employees appear on the company’s internal site on Monday (February 7).
What Memo said “Last year has seen a very competitive labor market and in carrying out a thorough analysis of various choices, weighing our business economy and the need to remain competitive to attract and maintain top talents, we decided to make meaningful.
More improvement Great to our compensation level than we did in a typical year, “read internal posts.
“As a unique compensation for each employee (considering the performance, family work, and market conditions), this update is for the base of the payment base and the total compensation range will affect each employee differently,” added the internal post.
It was an increase in the salary of Globalamazon said “increasing the overall compensation range for most of the work globally, and a much greater increase than we have done in the past.” What is the Base Paybase Pay is part of the total employee compensation.
It does not include limited stock units and other benefits such as the entry bonus.
When the Duelamazon assessment is reported currently amid the annual performance evaluation process, which is known internally as ‘Forte’.
This was reported as the first review cycle since Andy Jassy became the company’s CEO in 2021.
Are there other changes in other salaries / promotions rather than increased basic salary and compensation range, the company has also announced changes in compensation for employees when they are promoted.
According to the report, the manager will review compensation at the time of promotion, and issue additional stock awards in the middle of the year as guaranteed, “to harmonize new employees promoted with their new level compensation range.”