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Make Me Smart

Base salaries boom for Amazon’s corporate, tech workers

Make Me Smart

Marketplace

News, Business

4.65.4K Ratings

🗓️ 8 February 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

On Monday, Amazon increased the base pay cap for some of its employees. Tech and corporate workers will see their base salaries rise from $160,000 to $350,000. In an internal memo, the company announced it hopes to offer more competitive compensation compared to other big tech companies. With Amazon being one of the world’s largest employers, we wonder what effect it could have on wages throughout the tech industry as well as for the rest of its own employees. We’ll also catch you up on the weekend’s news, including a White House update on Russia. Plus, a Make Me Smile that’s just our type!

Here’s everything we talked about on the show today:

Transcript

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0:00.0

Hey everybody, it's Kai.

0:03.8

You know, it's been an unpredictable year, but there is one thing you can count on.

0:07.8

Kimberly and I will be here in your podcast feed with the context and analysis you count

0:12.4

on.

0:13.4

We'll help you unpack the news stories of the day and hopefully leave you with a smile.

0:17.8

Support this show and everything we do at Marketplace with an end of your donation today.

0:22.7

When you do, you can choose a thank you gift like the popular new Marketplace Beanie.

0:26.6

That's a soft knit hat embroidered with our logo.

0:29.5

Check it out.

0:30.5

You can have a look at the new Beanie and you can support public service journalism at

0:33.9

Marketplace.org slash give smart and thanks.

0:45.9

There it is.

0:46.9

I'm Mary El Segara.

0:47.9

Welcome back to Make Me Smart where we make today make sense.

0:52.2

And we try to help Megan McCarty-Carrino figure out her vacation plans.

0:57.1

I need to take a vacation people and Megan McCarty-Carrino and I'm in for Kyra's doll.

1:02.7

Today it's what did we miss Monday where we share one big news story of the day and then

1:08.0

catch you up on all the stories you might have missed over the weekend.

1:11.4

Yeah, so let's do it, huh?

1:13.6

I think the big story today was Amazon.

1:17.5

What do you think?

1:18.5

I mean, I think it's a good story to talk about.

...

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