Amazon is more than Doubling its Base Salary Cap to US $ 350 K

Amazon is more than doubling the maximum base salary it pays employees to $350,000 from $160,000. It’s also increasing the compensation ranges of most jobs globally and changing the timing of stock awards to align with promotions.

Like many big employers, Amazon has struggled to hire and retain workers of late. The company has long relied on stock awards, betting it can entice workers to take positions even if the base pay is low.