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Amazon Increases Wages, Offers New Whole Foods Discounts
Business Insider • • business
Key Points:
- Amazon is increasing its minimum pay for core operations workers to $20 per hour, resulting in an average hourly wage of about $24 for these employees, primarily in warehouses.
- Starting October 1, all US Amazon employees will receive a 20% discount on in-store purchases at Whole Foods, including groceries and hot and salad bars, as well as a 10% discount on eligible fresh groceries and essentials ordered online.
- The company has expanded its fresh grocery delivery network significantly since acquiring Whole Foods in 2017, aiming to compete with major grocers like Walmart and enhance same-day delivery services.
- Amazon is introducing Day 1 Financial, offering employees and their families membership in First Tech Federal Credit Union with access to services such as auto loans, a benefit that continues even after leaving the company.
- These initiatives reflect Amazon's effort to share the benefits of its growing grocery and delivery infrastructure with its workforce, as highlighted by Senior VP Udit Madan.
