(Morning News) Amazon (Amazon) will increase the upper limit of the basic salary from the existing $ 160,000 to $ 350,000.
According to a Bloomberg report, Amazon said in an internal document issued by Amazon on Monday (February 7) to employees: "In the past year, the labor market competition is extremely fierce.After a thorough analysis and weighing the economics of our business and maintaining competitiveness, it is necessary to attract and retain top talents. Therefore, we have decided to adjust our salary level more significantly than in previous years. "
Amazon also saidIt is also increasing the salary level of most jobs around the world and is changing the timetable of existing stock rewards to cooperate with the pace of upgrading of various positions.Amazon hired a total of 1.6 million people in the world last year.
Bloomberg also said that the traffic rate within Amazon has reached the "level of crisis."Last year, a total of 50 vice president -level employees left, setting a record of Amazon's history.
Market investors have been paying attention to the rising costs of Amazon until the company announced its strong fourth quarter results last week and said that the Prime subscription fee will be relieved after rising.The stock soared nearly 14 % on Friday.The stock also continued to rise by 5.92 US dollars overnight, and closed the market at $ 3158.71.