Business

Amazon To Raise Hourly Pay For More Than 500k Workers

The company says it's spending more than a billion dollars on pay increases.

Amazon To Raise Hourly Pay For More Than 500k Workers
Ross D. Franklin / AP
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Amazon is showing confidence in its future.

The company plans to give more than half a million of its workers a raise and hopes to attract some new hires in the process.

Starting next month, some increases could be as low as 50-cents. Some as high as $3 an hour. 

The company's minimum wage is $15.