Amazon is investing $1 billion to increase wages and lower healthcare costs for its U.S. fulfillment and transportation workforce. Average hourly pay will exceed $23, with tenured employees receiving raises between $1.10 and $1.90 per hour. Starting next year, the company will also reduce the cost of its basic health plan, lowering weekly contributions and co-pays significantly. Post navigation ‘Will be addressed satisfactorily’: Piyush Goyal expresses optimism on India-US trade deal talks; calls relations positive IT deal renewals: $13 billion contracts on the line; TCS, Infosys, Wipro eye mega wins
