Amazon US salary hikes: E-commerce giant rolls out $1 billion plan for workforce; check details

E-commerce giant Amazon on Wednesday announced a $1 billion plan to boost wages and cut health care costs for its fulfillment and transportation workers in the United States.

The Seattle-based company increased the average hourly pay to over $23. Staff with longer service will see their wages go up by between $1.10 and $1.90 an hour.

For full-time employees, the change means an extra $1,600 a year on average.