Amazon may not give cash pay raises to senior employees this year, prioritizing stock-based pay increases.
Amazon may not give cash pay raises to its senior employees this year, prioritizing cash base pay increases for those with a heavier base pay-to-stock ratio. Despite the company's strong stock performance (81% surge in 2022, 18% growth so far in 2023), it has shed jobs and cut stock awards in the past year. Some senior employees may still see a meaningful increase in total compensation due to stock growth.
March 27, 2024
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