UK markets closed
  • FTSE 100

    6,963.64
    -63.84 (-0.91%)
     
  • FTSE 250

    23,658.94
    +26.10 (+0.11%)
     
  • AIM

    1,275.74
    +3.60 (+0.28%)
     
  • GBP/EUR

    1.1711
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.3737
    -0.0059 (-0.43%)
     
  • BTC-GBP

    34,839.65
    +239.04 (+0.69%)
     
  • CMC Crypto 200

    1,193.48
    -32.05 (-2.62%)
     
  • S&P 500

    4,432.99
    -40.76 (-0.91%)
     
  • DOW

    34,584.88
    -166.44 (-0.48%)
     
  • CRUDE OIL

    71.96
    -0.65 (-0.90%)
     
  • GOLD FUTURES

    1,753.90
    -2.80 (-0.16%)
     
  • NIKKEI 225

    30,500.05
    +176.71 (+0.58%)
     
  • HANG SENG

    24,920.76
    +252.91 (+1.03%)
     
  • DAX

    15,490.17
    -161.58 (-1.03%)
     
  • CAC 40

    6,570.19
    -52.40 (-0.79%)
     
  • Oops!
    Something went wrong.
    Please try again later.

Amazon boosts hourly pay to over $18, to hire 125,000 workers

·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

(Reuters) - Amazon.com Inc hiked its average starting wage to $18 per hour on Tuesday and said it plans to hire more than 125,000 warehouse and transportation workers in the United States.

Reuters exclusively reported the news earlier on Tuesday.

The world's largest online retailer also said it would pay a sign-on bonus of $3,000 in some locations and the hourly wage could go up to $22.50. Amazon was among the first few retailers to set a $15 an hour minimum wage in 2018.

Amazon had said in May it would pay around $17 in average wages.

The company is hiring to run the 100 logistics facilities it will launch this month in the United States, on top of the more than 250 that opened earlier this year.

The additional staffing will also help roll out one-day delivery for Amazon's Prime loyalty club members.

Retailers are scrambling to hire hourly workers in a tight-labor market and have been offering benefits and sign-on bonuses to entice them.

Walmart Inc said earlier this month said it planned to hire 20,000 workers at its supply chain division ahead of the busy holiday season.

(Reporting by Nivedita Balu in Bengaluru; Editing by Saumyadeb Chakrabarty)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting