Effective January 3, Wayfair established a $15 minimum wage for all employees, including full-time, part-time and seasonal workers across its operations in the United States, the company has announced.
More than 40% of Wayfair’s U.S. supply chain and customer-service operations hourly workers will receive a pay raise, the company added.
Wayfair has extended benefits to further support its employees throughout the Covid-19 pandemic, providing an ongoing pay premium for its frontline team, a variety of bonuses, emergency paid time off and childcare support for all workers. These initiatives are in addition to the company’s comprehensive benefits package which includes equity, 401K matching, tuition reimbursement, mental health support, paid time off and an employee discount available on all Wayfair sites, the company noted.
“Throughout the challenges of the past year, we rolled out numerous initiatives to support our team including pay premiums, bonuses and a family dinner program,” Niraj Shah, CEO, co-founder and co-chairman, Wayfair, said in announcing the pay raises. “Now, as we enter 2021, we are continuing to build upon our steadfast commitment to our team and their families by increasing minimum pay for all hourly employees. We are fortunate to have an incredible team that puts our customers first each and every day, and it is important to us that they feel supported and fairly compensated for the important work that they do. We are proud to offer market-leading compensation and the opportunity for all employees to build careers in a collaborative and supportive workplace that rewards great work.”