Home Depot – Amazon to present Christmas bonus to full- and part-time workers
Amazon, which reported a third-quarter revenue of US$6.three billion and income of US$96.1 billion final month, is spending greater than US$500 million on Christmas bonuses for its a whole lot of 1000’s of frontline workers within the US and UK who’re working the vacation season amid the coronavirus pandemic.
Full-time operations workers within the US and UK who’re employed by Amazon from 1 December to 31 December will obtain a bonus of US$300, whereas these in part-time roles will get US$150, Amazon stated in a weblog put up.
A number of retailers, together with Walmart and Home Depot, have spent thousands and thousands in bonuses to compensate workers for catering to a surge in on-line procuring throughout the coronavirus pandemic, Reuters reported.
In an earlier spherical of one-time bonuses in June, the ecommerce large spent US$500 million in one-time funds to frontline workers and companions.
Amazon, based by CEO and President Jeff Bezos, the world’s richest man, praised employees for “serving customers’ essential needs” throughout the coronavirus pandemic.
“I’ve been at Amazon for 22 vacation seasons and this one is certainly distinctive, to say the least,” Dave Clark, Senior Vice President of Amazon Worldwide Operations, wrote within the weblog. “I’m grateful to our groups who proceed to play an important position serving their communities.
“As we head into the peak of the holiday season, we want to share our appreciation through another special recognition bonus, totalling more than $500 million for our frontline employees.”
The corporate based mostly in Seattle has spent billions of {dollars} since March on coronavirus-related investments, together with wage will increase, security gear and enhanced cleansing measures. Amazon issued momentary wage will increase and double extra time pay on the top of the coronavirus pandemic, however these incentives completed in June.
Amazon has been hiring employees all through the coronavirus pandemic, including 175,000 workers early on, and within the third quarter it grew its workforce by 250,000. Within the first month of the fourth quarter, it employed one other 100,000 new workers because it hosted Prime Day in October and ready for the Christmas season – its busiest time of yr.
Retailers, together with Walmart and Target, have additionally paid out bonuses to their employees because the Christmas procuring season begins in earnest.
