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    Home»News»Compensation & Benefits»Amazon to spend $ 500 million as employee holiday bonus
    Compensation & Benefits

    Amazon to spend $ 500 million as employee holiday bonus

    HRK News BureauBy HRK News BureauNovember 27, 20202 Mins Read8718 Views
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    Amazon.com will pay its employees— who pack and deliver goods — a one-time bonus of up to $ 300. This move comes at a time when the company faces a labour union drive and criticism for rolling back its pandemic hazard pay.

    Full-time workers are set to receive $ 300 and part timers $ 150 if they remain employed for the entire month of December at Amazon. This amount will cumulate to $500 million.

    zoha

    Amazon had ended its $ 2 an hour shifts for its warehouse workers in May and also paid a one-time bonus of as much as $ 500 in June. The bonuses were stopped as a result of Amazon facing an economic upheaval due to the pandemic.

    The Company had also received criticism from some of its employees for trying to hire fresh employees with a $ 3,000 bonus to meet the holiday rush, while current employees only received holiday vouchers for buying Thanksgiving turkeys.

    The labour union was gearing up for a strike in an Alabama warehouse, but as the movement became public and further mobilised, the global enterprise intervened.

    In a blog post, Amazon said that taking into account other holiday pay incentives, in this quarter itself it has invested more than $750 million towards additional pay for its front-line hourly workforce, over and above the industry-leading $15 national minimum wage. Therefore, in total, the Company has spent more than @2.5 billion on special bonuses and incentives for its teams, globally, in 2020, including a $500 million thank you bonus earlier this year.

    A special mention was also reserved for its staff who were working hard to “connect socially distanced families and essential needs” of Amazon’s customers.

    zoha
    Amazon Bonus delivery personnel holiday bonus packers
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