Amazon will offer front-line employees an extra $500 million in bonuses by the end of the year (AMZN) thumbnail


Summary List PlacementAmazon will pay $500 million in vacation bonuses to front-line employees, the company stated in a post Thursday.
The cash will be payed out in $300 benefits for full-time employees, and $150 bonuses for part-time staff members. Including this cash, Amazon says it has paid more than $2.5 billion in bonus offers to front-line workers this year. It paid another $500 million in bonus offers in June.
The coronavirus had resulted in a surge in e-commerce spending, and Amazon has reported huge incomes this year. The online retailers warehouses around the country remained open, potentially putting employees at threat for infection. In October, Amazon reported an infection rate of 1.44%among its front-line employees. 19,816 front-line employees at Amazon and Whole Foods, which it owns, tested favorable out of more than 1,300,000 workers according to the company.
Other retailers gaining from the e-commerce boom have provided comparable rewards to employees. House Depot included $1 billion in pay to workers in the form of weekly benefits and more paid time off, and the company recently revealed that these changes would end up being irreversible.
Walmart has actually likewise paid out over $1 billion in perks this year, with a $428 million bonus program for associates in August. Staff members received either $300 or $150 depending upon their hours, the specific same quantities assured by Amazon.SEE ALSO: Specialists state cleaning surfaces exceedingly might be overkill for COVID-19, despite a $30 million boost in cleansing item sales.
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