Top
Begin typing your search above and press return to search.
keyboard_arrow_down
Login
exit_to_app
Farmer rage and Opposition parties
access_time 19 Sep 2020 6:51 AM GMT
access_time 19 Sep 2020 3:50 AM GMT
Going beyond birthday celebration
access_time 18 Sep 2020 6:05 AM GMT
Periyar@142-Revolutionary and Visionary
access_time 17 Sep 2020 11:57 AM GMT
The word of caution from the highest court
access_time 17 Sep 2020 6:31 AM GMT
access_time 16 Sep 2020 5:58 AM GMT
DEEP READAll arrow_drop_down
The ogres in the mind
access_time 8 Sep 2020 11:27 AM GMT
Why worry about populism?
access_time 4 Sep 2020 9:51 AM GMT
Media mind-set towards minorities
access_time 15 July 2020 4:29 PM GMT
exit_to_app
Homechevron_rightBusinesschevron_rightAmazon to give...

Amazon to give financial aid to employees' start-ups

text_fields
bookmark_border
Amazon to give financial aid to employees start-ups
cancel

San Francisco:  In an attempt to help its US-based employees quit their jobs and establish their own businesses, Amazon has announced to fund employees with up to $10,000 for their delivery start-ups along with three months of existing salaries.

In June 2018, the company announced that it is encouraging its employees to apply to start their own small businesses, delivering Prime packages in Amazon-branded vans and uniforms. 

The company said that although thousands of employees expressed interest in the programme, most of them said they could not afford the start-up money they needed to get the businesses off the ground.

"We received overwhelming interest from tens of thousands of individuals who applied to be part of the 'Delivery Service Partner' programme, including many employees. We've heard from associates that they want to participate in the programme but struggled with the transition," CNN quoted Dave Clark, Senior Vice President of worldwide operations at Amazon, as saying on Monday.

According to the company, ever since it started the delivery service, there have been more than 200 independent contractors who signed up to handle the deliveries. Between them, they have hired thousands of local drivers to deliver the packages.

The e-commerce giant recently announced implementing its one-day Prime delivery decision, which was traditionally a two-day window. In 2019, the company plans to add hundreds more delivery contractors, including the former employees who take up the offer, the report added. 

Amazon has been trying to gear up an independent delivery service to handle packages now going to companies like FedEx as well as the Postal Service.

Show Full Article
TAGS:
Next Story