Amazon increases starting pay to $18 an hour

Amazon.com Inc has increased its average starting wage in the United States to more than $18 an hour.

Amazon also plans to hire another 125,000 warehouse and transportation workers, an executive said.

Amazon has raised pay from around $17 since May.

In some locations, Amazon is giving signing bonuses of $3,000, said Dave Bozeman, vice president of Amazon Delivery Services, or triple what the company offered four months ago.

Bozeman attributed Amazon’s latest compensation increase to fierce competition.

Amazon did not give exact figures, but a $1 raise on a $17-per-hour wage would amount to about a 6% hike.

Amazon is hiring workers to help run 100 logistics facilities launching this month in the United States, on top of more than 250 that opened earlier this year.

Some workers will aid in Amazon’s long-in-the-works effort to roll out one-day delivery for Prime loyalty club members.

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