Amazon plans to more than double base pay cap for employees - memo


The Amazon logo is seen outside its JFK8 distribution center in Staten Island New York U.S. November 25 2020. REUTERSBrendan McDermid.

The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid.

(Reuters) - Amazon.com Inc plans to more than double its base pay cap to $350,000, from its previous maximum salary of $160,000 for U.S. employees, according to a company memo.

The e-commerce giant will increase the overall compensation range for most jobs globally and the company said the increases were much more "considerable" than in the past.

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