Amazon raises minimum hourly pay by $1 to $20 for US operations workers

Amazon.com said on Wednesday it is raising hourly pay for eligible full-time U.S. operations workers by $1, bringing the new minimum wage to $20 per hour.

The e-commerce and cloud giant also unveiled a new benefit called "Day 1 Financial," giving qualified employees and their families lifetime access to low-cost banking services through First Tech Federal Credit Union.

Amazon said that these new offerings build on Amazon's existing benefits, such as healthcare coverage for as little as $5 per week, a free Prime membership, and prepaid education programs.


Amazon said that when including the value of its benefits package, the average total compensation for eligible employees working full-time in core operations roles will exceed $32 per hour.