Amazon more than doubles salary caps to $350,000 for US white-collar employees

The e-commerce and cloud computing giant announced in an internal blog post Monday that the company's maximum base pay in the United States is more than doubling, to $350,000 a year from $160,000

Washington Amazon is dramatically increasing salary caps for its US-based technology and corporate workforce, in a nod to how the pandemic has exacerbated an already fierce competition for talent nationwide.

The e-commerce and cloud computing giant announced in an internal blog post Monday that the company's maximum base pay in the United States is more than doubling, to $350,000 a year from $160,000. Amazon is raising the price of annual Prime memberships to $139The blog post, a copy of which CNN reviewed, added that Amazon is also"increasing overall compensation ranges for most jobs globally, and the increases are much more considerable than we've done in the past.

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