Amazon informed employees about a major change coming to their pay structure Monday morning. The company raised the cap for its base pay to $350,000 as part of its larger package of stock and cash compensation for corporate and tech employees. The maximum base pay has long been $160,000. The move has implications not only for Amazon employees but for the broader tech industry. 

Garry Straker, senior compensation consultant at salary.com, spoke with GeekWire's Todd Bishop about the Amazon news, the future of work and the major changes taking place in the world of employee pay.

<p>Amazon informed employees about <a href="https://www.geekwire.com/2022/amazon-more-than-doubles-max-base-pay-to-350k-for-corporate-and-tech-workers-citing-labor-market/">a major change coming to their pay structure Monday morning</a>. The company raised the cap for its base pay to $350,000 as part of its larger package of stock and cash compensation for corporate and tech employees. The maximum base pay has long been $160,000. The move has implications not only for Amazon employees but for the broader tech industry.&nbsp;</p>
<p>Garry Straker, senior compensation consultant at salary.com, spoke with GeekWire's Todd Bishop about the Amazon news, the future of work and the major changes taking place in the world of employee pay.</p>

GeekWire brings you the week's latest technology news, trends and insights, covering the world of technology from our home base in Seattle. Our regular news podcast features commentary and analysis from our editors and reporters, plus interviews with special guests.

GeekWire reporters John Cook, Todd Bishop and guests talk about the latest tech news and trends.

Advertisement