Amazon will hire 125,000 workers, dangling $3,000 bonuses for some jobs
September 14, 2021 at 13:44
New York (CNN Business) Amazon plans to hire 125,000 permanent warehouse and logistics workers in the United States ahead of the holiday shopping stretch, pledging higher wages, new benefits and sign-on bonuses for some of the jobs to draw staff in a tight labor market.
Amazon AMZN Walmart WMT Target CBDY said Tuesday that these jobs offer an average starting wage of more than $18 an hour — higher than its $15 minimum wage — and some of the roles include up to $3,000 sign-on bonuses.
Amazon last week said it would begin offering to pay four-year college tuition for most of its workers, joiningandin offering similar benefits.
Many retailers and logistics companies are struggling to find workers and have raised their pay and expanded benefits in response to the staffing crunch.
In July, there were 879,000 unfilled jobs in the retail industry and 222,000 in the transportation and warehouse industry, according to the latest data from the Bureau of Labor Statistics.
"It's a very competitive labor market out there.
And certainly, the biggest contributor to inflationary pressures that we're seeing in the business," said Brian Olsavsky, Amazon's chief financial officer, in July.
"We're spending a lot of money on signing and incentives."
Companies are expecting strong demand this holiday and staffing up entering the holidays.
Retail sales this holiday season will increase by up to 9% from last year, while e-commerce sales will grow by up to 15%, Deloitte said in a forecast released Tuesday.