(Bloomberg) — Amazon.com Inc. is rolling out raises to more than 500,000 of its hourly workers a few months early, spending $1 billion on pay bumps designed to juice hiring at the company’s fast-growing logistics division.
The raises, which range from 50 cents to $3 an hour for most workers, will take effect in May and June, Darcie Henry, a vice president in Amazon’s human resources group, said in a note posted to Amazon’s corporate blog. Henry said the company was hiring for “tens of thousands of jobs” across its logistics operations in the U.S.