Amazon recruited over 100,000 full and part-time employees to meet increased demand for online shopping during the pandemic, announced a $2/hour pay increase for all hourly employees through April costing $350 million, and will pay double overtime pay from May 15th onward. To protect workers, Amazon increased cleaning frequency at facilities, requires sick employees to quarantine with pay, and took steps to boost employee morale during lockdowns which is important for effective supply chain management.
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Increase in Human Resource
Amazon recruited over 100,000 full and part-time employees to meet increased demand for online shopping during the pandemic, announced a $2/hour pay increase for all hourly employees through April costing $350 million, and will pay double overtime pay from May 15th onward. To protect workers, Amazon increased cleaning frequency at facilities, requires sick employees to quarantine with pay, and took steps to boost employee morale during lockdowns which is important for effective supply chain management.
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Increase in Human resource
Many e commerce giants are laying off employee to reduce their costs. The spike in the demand for online shopping forced Amazon to recruit around 100,000 full and part time roles across Amazons fulfillments centers and delivery networks. Company had also announced that it would increase the pay by $2 per hour thorough out April. This decision costs about $350 million increase in the compensation for hourly employees across US, Canada and European countries. Amazon US has already announced all the associates with in operation and delivery network will receive double the pay for every overtime work worked in workweek from May 15, 2020. Amazon is taking stringent measures to ensure the safety of employees at the delivery centers. They have increased the frequency of cleaning at all frequently used sites. These include regular sanitization of door handles, hand rails, touch screens and frequently touched areas. It is encouraging individuals with flu like symptoms to stay home with pay for 14 days of self-quarantine. These steps are taken by Amazon to increase the morale of their employees during lockdown as employee management is another important aspect of effective supply chain management.
Module 5: Demand Forecasting Session 10: Further Forecasting Techniques Barometric Method: 1. Explain Barometric Method of Demand Forecasting and Atleast One of Its Advantage and Disadvantage?