Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Amazon Doubles Maximum Base Salary For Employees Worldwide

Courtesy of ZeroHedge View original post here.

Following Amazon's blockbuster earnings last week and recent news of employee angst over crappy pay, an internal memo from the e-commerce giant leaked to Bussiness Insider states the maximum base salary cap has been doubled. 

According to an internal memo, Amazon will increase its maximum base salary to $350k, more than doubling the previous $160,000 salary cap for most employees. The memo states new base pay ranges will be set for most jobs within the company and will apply worldwide. 

 "The increases are much more considerable than we've done in the past.

"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 memo states.

Insider reports the memo comes as Amazon employees have complained about low pay and the lack of compensation packages compared to competitors. The changes in maximum base salary are expected to be reflected in the company's internal system beginning on Wednesday.

Since this news just hit, we suspect Amazon's recruiting office will be flooded with phone calls and emails today of millennial white-collar workers begging for a job.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!