Webamazon is not giving base pay increases to many of its senior employees this year, according to people familiar with the matter. This pay freeze is due to a surge. Webamazon announced in an internal blog post that it will increase the cap on the cash component of compensation to salaried employees from $160,000 per year to. Is more than doubling the maximum base salary it pays employees to us$350,000 from us$160,000, the company told employees monday. Webamazon has increased its base salary cap to $350,000, insider has learned. The previous salary cap was $160,000 for most roles. The increase comes as amazon. Webgarry straker, senior compensation consultant at salary. com, spoke with geekwire about the amazon news, the implications for the tech giant and other. Webamazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously, as part of an overall increase in total. Webrecruiters say amazon’s prior base salary of $160,000, significantly lower than many of the company’s peers, was increasingly becoming an obstacle for the. Webamazon has seen a rash of departures at its senior levels, where compensation is heavily weighted in stock. Its cash salary cap was far lower than that of. Webamazon announced a major shift to its compensation policy on monday by more than doubling its maximum base salary and expanding the pay range for most.
