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Current full- and part-time union workers are guaranteed a $2.75 hourly pay increase this year, the Teamsters said, amounting to a $7.50 hourly increase through the duration of the contract.

A mazon employs more than 800,000 full-time and contract workers in the fulfillment and transportation roles in the U.S., according to the company .

What This Research Covers Based on a survey of 1,300+ employees and leaders, this study examines: Which rewards matter most across the employee lifecycle;Where managers and employees are misaligned—and by how much;How employees’ beliefs about their work shape how rewards are experienced;Which rewards actually predict retention—and which do not; Sign up to Receive the Full Report.

In this way, employees can try out a role or a career path — or a boss — without making a long-term or full-time commitment, she explained.

A recent Trusaic survey on pay equity and pay transparency (with full results slated for release in September) found only 28% of surveyed organizations reported having no pay transparency with employees, while 24% offer full transparency, defined as providing pay ranges for all roles.

For years, total rewards — encompassing compensation, benefits, flexibility, well-being and career development programs — has largely been measured, tested and refined with full-time employees in mind.

Beyond salary, organizations should consider how best to address full compensation with the new role.

.; ;Effectively communicate the full employee value proposition to workers, including the value of non-monetary benefits — and be transparent about changes to compensation and benefits.; ;Invest in your workers’ career growth — bolstering retention and cutting back on the costs of needing to hire externally.; ;Check your work through engagement surveys to keep your finger on the pulse of employee needs and sentiment related to TR decisions.; Other strategies for TR pros, according to Sue Holloway, a compensation content director at WorldatWork, include scaling back less-utilized programs and more strongly utilizing non-monetary rewards such as recognition and flexibility.

The bank said the minimum annualized salary for full-time workers will bump up closer to $50,000, an increase for both part-time and full-time positions in the U.S. 

Revamping your full TR catalog?