Page 76 - Appreciating Organization's Biggest Assets

Compensation may be provided in cash Benefits are never
3
or in kind. monetary in nature.
Direct payment for the labour an Benefits are a form of
4 employee does for a corporation is covert compensation
called compensation. for their labour.
In most cases, compensation is fully Benefits may be
5 taxable, though it is possible for some completely or
of it to be tax-exempt. partially tax-exempt.

Employee compensation and Role, experience, and location all
benefits plans practiced in the affect pay in Amazon’s fulfillment
e-commerce sector are as follows: facilities. The average yearly income

Amazon.com, Inc: for a fresher in India is 2.8 Lakhs,
with salaries ranging from 0.3 Lakhs
to 5.0 Lakhs. Amazon.com Inc pays
its employees an average of INR
901,482 a year.

Numerous new hires will also be
Figure 1: Amazon.com logo given a sign-on incentive for the first
The American multinational and second years of employment.
technology business Amazon.com, One can divide their year two sign-
Inc. focuses on e-commerce, cloud on bonus by twelve to determine
computing, online advertising, the payment method for year two
digital streaming, and artificial (per paycheck). Sign-on bonuses
intelligence. It is regarded as “one of may also be a mechanism for an
the most significant economic and organization to make up for
cultural forces in the world” and is income deficits under its current
one of the most valuable brands in compensation plan.
the world. (Amazon, Wikipedia).
Stock vesting for restricted stock
Amazon’s Compensation and units (RSUs) will start on their first
Benefits are as follows: anniversary. RSUs are grants with a

(Amazon’s compensation and value equal to the number of shares
benefits, 2018; Avier Wealth of common stock in the corporation.
Advisors, 2022; Payscale.com, 2022) At the conclusion of year two and
then every six months until one has
worked for the company for four

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