Amazon.com Inc. said Monday it was paying bonuses to all of its employees and delivery partners on the front lines in June during the COVID-19 pandemic, for a total cost of over $500 million. The ecommerce and cloud giant said it will give $500 to each full-time Amazon and Whole Foods Market employee, and delivery service partner driver, and give $250 for part-time employees. The company said it will pay $1,000 to all front-line Amazon and Whole Foods Market leaders, and pay $3,000 to delivery service partner owners. For Amazon Flex drivers, Amazon said it will pay $150 for those who have more than 10 hours in June. "Our front-line operations teams have been on an incredible journey over the last few months, and we want to show our appreciation with a special one-time Thank You bonus totaling over $500 million," said Dave Clark, senior vice president of WW Operations at Amazon. The stock fell 2.1% in morning trading, but has run up 39% over the past three months, while the S&P 500 has climbed 18.2% the past three months. Read More...
Amazon.com Inc. said Monday it was paying bonuses to all of its employees and delivery partners on the front lines in June during the COVID-19 pandemic, for a total cost of over $500 million. The ecommerce and cloud giant said it will give $500 to each full-time Amazon and Whole Foods Market employee, and delivery service partner driver, and give $250 for part-time employees. The company said it will pay $1,000 to all front-line Amazon and Whole Foods Market leaders, and pay $3,000 to delivery service partner owners. For Amazon Flex drivers, Amazon said it will pay $150 for those who have more than 10 hours in June. “Our front-line operations teams have been on an incredible journey over the last few months, and we want to show our appreciation with a special one-time Thank You bonus totaling over $500 million,” said Dave Clark, senior vice president of WW Operations at Amazon. The stock fell 2.1% in morning trading, but has run up 39% over the past three months, while the S&P 500 has climbed 18.2% the past three months.
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