By Shreya Biswas

Copyright indiatimes

ReutersAmazon pay raise for workers 2025

Amazon pay raise for workers 2025: Amazon is rolling out a major pay raise and healthcare cost cut for its US fulfillment and transportation workers.Amazon Raises Wages For US Fulfillment and Transportation Workers Udit Madan, Senior Vice President of Amazon Worldwide Operations, said on an Amazon blog post, “This year, I’m excited to share that, here in the U.S., we’re raising pay again across our network, lowering the cost of health care for those on our entry-level plan, and raising the annual progression increases (also called a step plan) for people who choose to build their careers with us (meaning the longer people stay, the more their pay increases year over year). It’s all part of a more than $1 billion commitment to our teams.”ALSO READ: CrowdStrike stock soars over 10% after strong financial guidance and $20 billion ARR goalAmazon’s Average Hourly Pay to Increase Above $23 Starting This YearStarting from this year, Madan said that, “someone who has been with us for three years has already seen their pay go up an average of 35%,” as per the blog post. The average hourly wage for these workers will jump to over $23 and the average total compensation will rise over $30 an hour including the value of the benefits package.For those who’ve been with the company the longest, raises could be between $1.10 and $1.90 per hour. For full-time employees, that means about $1,600 more in their pockets each year.Live EventsAmazon also said that, “We also have an annual step plan where pay increases each year someone is with us, and as part of these changes we’re adjusting that plan so the increases are bigger each year than they’ve been in the past.”ALSO READ: Sherwin-Williams cuts 401(k) match — could your employer be next to slash benefits?Amazon’s Healthcare Costs for Entry-Level Plan Cut to $5 Per Week Starting Next YearBut it’s not just about wages. Starting from next year, the e-commerce giant will make healthcare more affordable by lowering the cost of its entry-level health plan to just $5 per week, with co-pays also dropping to $5. Madan said, “That will reduce weekly contributions by 34% and copays by 87% for primary care, mental health, and most non-specialist visits for employees using the basic plan.”Amazon Benefits Packages For EmployeesAmazon, which has a global workforce of 1.5 million workers, shared its benefits packages, which includes:Health care starting on Day 1 of employment for regular full-time employeesCareer Choice, which now pre-pays 100% of tuition at more than 475 education partnersRetirement savings with a company 401(k) matchFlexible time-off options that increase with tenurePaid parental leave and family support programsEmployee assistance program, offering 24/7 mental health short-term counseling, referrals, and work-life supportAmazon Workers Had Striked Last DecemberThis announcement comes after workers at seven facilities went on strike last December, led by Teamsters union, pushing the e-commerce company for a labor agreement during a key shopping period, as per a report. Then in that same month, Amazon reached a settlement with the Occupational Safety and Health Administration that requires the firm to adopt corporatewide ergonomic measures at facilities across the country, as per an ABC News report.FAQsWho is getting a pay raise at Amazon?Amazon’s US fulfillment and transportation workers are getting a raise, especially those who’ve been with the company longer.How much will Amazon workers’ pay increase?On average, hourly wages will rise to over $23, with some longtime employees seeing increases between $1.10 and $1.90 per hour.Add as a Reliable and Trusted News Source Add Now!
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onAmazon pay raise for workers 2025Amazon employee salary updateAmazon healthcare cost reductionAmazon wage increase 2025Amazon latest news todayAmazon stock todayAmazon step pay plan increaseAmazon worker raise and benefitsWhat benefits does Amazon offer employeesHow much is Amazon increasing salary in 2025(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates….moreless