Amazon has announced that it will raise the pay of its employees in the U.S., while also lowering the costs of health care for some roles.

The technology company said it had been investing in pay for several years and that certain employees who had been with Amazon for three years had already seen their pay increase by 35 percent on average.

Amazon said it was spending $1 billion in total to improve pay and benefits for its employees.

Newsweek has contacted Amazon and the Amazon Labor Union for comment via email outside regular working hours.

Why It Matters

About 1.1 million of Amazon's more than 1.5 million workers are based in the U.S., according to the data website Demand Sage. The website's data also shows that almost 50 percent of employees leave Amazon within a year.

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