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Amazon says it is raising its minimum hourly pay for eligible full-time

Amazon says it is raising its minimum hourly pay for eligible full-time US operations workers by $1, taking it to $20 per hour, and gives them new banking tools

TL;DRAmazon raises minimum wage to $20/hour for full-time US operations workers.

Why it matters: Sets wage floor pressure on retail/logistics competitors; signals labor cost increases affecting AWS pricing strategy.

Amazon.com (AMZN.O) is raising the minimum hourly pay for its eligible full-time U.S. operations workers by $1 to $20, the e-commerce and cloud giant said on Wednesday.

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