Amazon.com, Inc. (AMZN) announced on Thursday its plan to recruit 250,000 individuals for a mix of full-time, part-time, and seasonal positions within its U.S. customer fulfillment and transportation sectors.
To support these holiday hires, Amazon is committing $2.2 billion towards increased employee compensation, which will elevate the average pay to over $29 per hour. Full-time employees will benefit from additional perks, including immediate healthcare coverage and access to educational programs. Seasonal staff will receive a minimum of $18 per hour alongside a suite of comprehensive benefits.
As of now, Amazon’s stock is trading at $182.08 on Nasdaq, reflecting a decline of 1.45 percent.
