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NEW YORK (AP) — Amazon says it’s investing $1 billion to raise wages and lower the cost of health care plans for its U.S. fulfillment and transportation workers.
The Seattle-based company said Wednesday that the average pay is increasing to more than $23 per hour.
Some of its most tenured employees will see an increase between $1.10 and $1.90 per hour and full-time employees, on average, will see their pay increase by $1,600 per year.
Amazon also said it will lower the cost of its entry health care plan to $5 per week and $5 for co-pays, starting next year.
Amazon said that will reduce weekly contributions by 34% and co-pays by 87% for primary care, mental health and most non-specialist visits for employees using the basic plan.
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Grant McHill
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