Amazon Plans to More Than Double Base Pay Cap for Employees - Memo

[Piracy Raja]

Reuters) - Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for U.S. employees, according to a company memo.

The e-commerce giant will increase the overall compensation range for most jobs globally and the company said the increases were much more "considerable" than in the past.

"This past year has seen a particularly competitive labor market," according to the memo, which added that there was a "need to remain competitive for attracting and retaining top talent".

Last year, Amazon increased its average starting wage for operations staff in the United States to more than $18 an hour, against the backdrop of a tight U.S. labor market.

Amazon will review the compensation for newly promoted employees at the time of promotion and give in-year stock awards, if required, to get them in the new pay range, the memo said.

 

https://www.usnews.com/news/top-news/articles/2022-02-07/amazon-plans-to-more-than-double-base-pay-cap-for-employees-memo

 

[BeerBob123]

Ok inka bay area lo rates taggavu 

[Picheshwar]

26 minutes ago, Piracy Raja said:

Reuters) - Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for U.S. employees, according to a company memo.

The e-commerce giant will increase the overall compensation range for most jobs globally and the company said the increases were much more "considerable" than in the past.

"This past year has seen a particularly competitive labor market," according to the memo, which added that there was a "need to remain competitive for attracting and retaining top talent".

Last year, Amazon increased its average starting wage for operations staff in the United States to more than $18 an hour, against the backdrop of a tight U.S. labor market.

Amazon will review the compensation for newly promoted employees at the time of promotion and give in-year stock awards, if required, to get them in the new pay range, the memo said.

 

https://www.usnews.com/news/top-news/articles/2022-02-07/amazon-plans-to-more-than-double-base-pay-cap-for-employees-memo

 

chala mandi 10gestunnaru.

 

pothu pothu penta chesi potunnaru 

 

aina base pay cap 160K endho comedy ga

[Spartan]

congrats @Picha lite @mettastar

[Spartan]

24 minutes ago, Picheshwar said:

chala mandi 10gestunnaru.

 

pothu pothu penta chesi potunnaru 

 

aina base pay cap 160K endho comedy ga

adi chala rojul nunchi ade undi..

even in Bay Area..same offer chesadu.... rest of them varies with position..

but max base pay 160K dataledu.

[k2s]

1 minute ago, Spartan said:

adi chala rojul nunchi ade undi..

even in Bay Area..same offer chesadu.... rest of them varies with position..

but max base pay 160K dataledu.

endo AMZN vaadi worst philosophy.. $200k is max comp antadu L5 ki.. L6 ki $230 is max antadu.. chiraku ochi homedepot deggara daily labor nunchoni untaru.. velli try cheyi ani pettesa phone.. 

[Spartan]

9 minutes ago, k2s said:

endo AMZN vaadi worst philosophy.. $200k is max comp antadu L5 ki.. L6 ki $230 is max antadu.. chiraku ochi homedepot deggara daily labor nunchoni untaru.. velli try cheyi ani pettesa phone.. 

atleast neek 200 annadu...

naadi clear ainappudu 160 daatanu annadu. bay area lo... and total TC 230 max anta..spread over 3 yrs.  @k2s

[k2s]

1 minute ago, Spartan said:

atleast neek 200 annadu...

naadi clear ainappudu 160 daatanu annadu. bay area lo... and total TC 230 max anta..spread over 3 yrs.  @k2s

max comp ee $200 antunnadu.. inka base emo $130k anta.. naa feeling 

 

[Spartan]

Just now, k2s said:

max comp ee $200 antunnadu.. inka base emo $130k anta.. naa feeling 

 

aadike em kavalo ichi pampinchalsindi.

[Picheshwar]

16 minutes ago, Spartan said:

adi chala rojul nunchi ade undi..

even in Bay Area..same offer chesadu.... rest of them varies with position..

but max base pay 160K dataledu.

in fact last week lo vachina offers kooda base pay max 160k. bay area vallaki kashtame

[k2s]

2 minutes ago, Spartan said:

aadike em kavalo ichi pampinchalsindi.

amzn recruiters ni andaru 

[Vaampire]

Amzn offer use chesukoni google/fb deggara ekkuva adugutharu inka

[Pavanonline]

Okappudante veedokkade thopu kabatti people used to go there to learn even for less pay. Ipudu boledu cloud and Ecom companies vachayi. Good that he realized. 

[naranjaX]

Does this mean they will increase the base pay but still keep the TC the same by decreasing RSUs? 

[hunkyfunky2]

1 hour ago, Picheshwar said:

chala mandi 10gestunnaru.

 

pothu pothu penta chesi potunnaru 

 

aina base pay cap 160K endho comedy ga

They give lot of equity