Amazon , like many retailers and logistics companies, is facing challenges hiring workers and is raising pay, dangling bonuses, and expanding benefits in response to the pressures. The company's holiday jobs this year have an average starting pay of $18 an hour — higher than Amazon's $15 minimum wage— sign-on bonuses up to $3,000 and an additional $3 an hour in pay for certain shifts in some locations, Amazon said in an announcement Monday.
And certainly, the biggest contributor to inflationary pressures that we're seeing in the business," Brian Olsavsky, Amazon's chief financial officer, said in July."We're spending a lot of money on signing and incentives."Read MoreAmazon last month said it planned to hire 125,000 permanent workers ahead of the holidays.Other chains are adding temporary and permanent workers at stores and warehouses to meet demand from holiday shoppers.
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