Skip to content

Amazon Is Raising Base Salary Cap to $350,000 From $160,000

  • Online retailer employed 1.6 million globally in 2021
  • Amazon cites ‘particularly competitive labor market’ in change
The Amazon Spheres, part of the Amazon headquarters campus, right, in Seattle, Washington.

The Amazon Spheres, part of the Amazon headquarters campus, right, in Seattle, Washington.

Photographer: Chona Kasinger/Bloomberg
Updated on

Amazon.com Inc. is more than doubling the maximum base salary it pays employees to $350,000 from $160,000.

“This past year has seen a particularly competitive labor market, and in doing a thorough analysis of various options, weighing the economics of our business and the need to remain competitive for attracting and retaining top talent, we decided to make meaningfully bigger increases to our compensation levels than we do in a typical year,” the company told employees Monday in a memo reviewed by Bloomberg.