Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

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

09/14/2021 | 04:57pm EDT
FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru

(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)

ę Reuters 2021
All news about AMAZON.COM, INC.
12:57pAMAZON COM : National Labor Relations Board to Hold Meeting Sept 28 on Allegations Amazon ..
12:52pAMAZON COM : and Billie Eilish announce limited-edition Echo Studio
12:37pSurge in UK fraud a national security threat, warn banks
11:01aAMAZON COM : Eiza González Receives an IMDb STARmeter Award
10:42aGM, Amazon to Introduce OnStar Guardian Skill for Amazon Alexa
09:46aGENERAL MOTORS : and Amazon Introduce OnStar Guardian For Alexa at Home
07:19aINFOSYS : Taps Amazon Web Services to Develop Quantum Computing Capabilities
09/21Australia's Lake Resources teams up with clean tech firm Lilac to develop Argentina lit..
09/21Pret to serve suburbs, stations and motorways in shift from skyscrapers
09/21AMAZON COM : More than 200 businesses have pledged to achieve net-zero carbon by 2040
More news
Analyst Recommendations on AMAZON.COM, INC.
More recommendations
Financials (USD)
Sales 2021 476 B - -
Net income 2021 27 103 M - -
Net cash 2021 57 789 M - -
P/E ratio 2021 63,5x
Yield 2021 -
Capitalization 1 693 B 1 693 B -
EV / Sales 2021 3,44x
EV / Sales 2022 2,84x
Nbr of Employees 1 298 000
Free-Float 82,5%
Duration : Period :
Amazon.com, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMAZON.COM, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 47
Last Close Price 3 343,63 $
Average target price 4 184,10 $
Spread / Average Target 25,1%
EPS Revisions
Managers and Directors
Andrew R. Jassy President, Chief Executive Officer & Director
Brian T. Olsavsky Chief Financial Officer & Senior Vice President
Jeffrey P. Bezos Executive Chairman
Patricia Q. Stonesifer Independent Director
Thomas O. Ryder Independent Director
Sector and Competitors
1st jan.Capi. (M$)
AMAZON.COM, INC.3.03%1 693 350
JD.COM, INC.-16.38%114 083
WAYFAIR INC.23.67%29 015
ETSY, INC.23.99%27 922
ALLEGRO.EU SA-26.30%16 216
MOMO.COM INC.335.16%13 271