Amazon Promises $500 Million in Holiday Bonuses for Front-Line Staff

From The Wall Street Journal:

Amazon.com Inc. AMZN 0.32% will pay front-line staff a special holiday bonus as the e-commerce giant responds to a surge in online sales during the coronavirus pandemic that is driving record results.

Full-time employees at Amazon from Dec. 1 through Dec. 31 qualify for a bonus of $300, while part-time employees will receive $150, Dave Clark, senior vice president of world-wide operations, said in a blog post. The special bonus will total more than $500 million, he said.

. . . .

Amazon, which raised its U.S. minimum pay to $15 an hour in 2018, reported a profit of $14.11 billion on $260.51 billion in net sales for the first nine months of this year and projected $112 billion to $121 billion in sales this quarter. In 2019, Amazon reported a $11.59 billion profit on $280.52 billion in sales.

Link to the rest at The Wall Street Journal (PG apologizes for the paywall, but hasn’t figured out a way around it.)

1 thought on “Amazon Promises $500 Million in Holiday Bonuses for Front-Line Staff”

  1. While that’s nice, I’d like to mention that I work for a small city, and city employees receive a full paycheck (we’re paid bi-weekly) as a Christmas bonus each year.

    It’s nearly 3 times the bonus Amazon is giving and I’m likely one of the lowest paid employees in my city right now. If my little city can afford to be that generous, why can’t a multi-billion corporation as well?

    Heck, I got more than $300 for a Christmas bonus over 20 years ago, managing a convenience store.

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