Jeff Bezos is 'particularly proud' of this Amazon employee benefit that helps workers go back to school (2024)

FAQs

Jeff Bezos is 'particularly proud' of this Amazon employee benefit that helps workers go back to school? ›

Jeff Bezos is 'particularly proud' of this Amazon employee benefit that helps workers go back to school. Amazon Career Choice is a program that pre-pays for up to $12,000 in education expenses of employees seeking certificates or associate degrees within in-demand skill areas.

In addition to fair pay, employees have opportunities to own Amazon stock, participate in 401(k) plans with company match, and enroll in paid life and accident insurance. Financial counseling and estate planning services are also available, plus paid short-term and long-term disability if needed.

By focusing on what customers want, splitting his workers into small groups, and encouraging them to compete in a friendly way, he motivates them to do their best. Bezos's mix of high standards and creative leadership has turned Amazon into a huge online store and tech company.

In 2018, Bezos shared a similar sentiment, discussing the “inevitable” death of Amazon, saying during an all-hands that “Amazon will go bankrupt” someday.

He argued that a solid commercial strategy should be rooted in the things that endure over time. Amazon, under Bezos' leadership, exemplifies this approach by understanding and catering to customers' fundamental desires—low prices, fast delivery, and a vast selection of products.

Beyond our own workforce, Amazon's investments have supported nearly 1.6 million indirect jobs in fields like construction and hospitality. We also actively work to help communities by responding to the urgent needs of reducing hunger and homelessness and investing in education for children and young adults.

Amazon partners with Northern California colleges to provide employees free tuition. Employees will be able to accept free tuition from Sacramento City College, CSU Stanislaus, CSU Fresno, Modesto Junior College and Clovis Community College.

In practice, that means putting customers first is the guideline for every business decision. Bezos describes his deep respect for Amazon's customers, how their needs drive the business to constantly improve, and how customer focus dictates Amazon's expansion into new territories and markets.

Central to Amazon's success is Bezos's unwavering focus on customer satisfaction. He's known for saying, "Start with the customer and work backward." This philosophy is entrenched in Amazon's DNA, from its easy returns policy to its relentless pursuit of reducing delivery times.

Since Amazon went public in 1997, Bezos has given away about $4.7 billion worth of Amazon shares and sold $27 billion worth of the company's stock; some of his gifts of shares may have gone to donor-advised funds–essentially charitable giving accounts that provide generous tax deductions.

What is Jeff Bezos most proud of? ›

Amazon founder and CEO Jeff Bezos is very proud, in fact he is 'particularly proud' of a unique benefit that the company provides to its employees: the chance to go back to school and learn some in-demand skills for the workplace.

He started Amazon in 1994, as an online bookstore. But it quickly expanded to sell a wide variety of products. Bezos was one of the first entrepreneurs to recognize the potential of the internet. Amazon has faced many challenges over the years, but it has always emerged stronger.

There is Nothing More Important than the Customer

In most (if not all) businesses you have to understand that the customer is always right. Well Bezos has focused on this theory to an extreme level.

Jeff Bezos: Owns 937,774,000 Amazon shares, or 9.02% of shares outstanding. Amazon's founder, executive chairman, and former CEO remains its largest stakeholder, with his stake in Amazon worth about $166 billion. Bezos gifted around $240 million worth of Amazon shares in 2023.

Other benefits include paid time off, including vacation and sick leave, as well as parental leave and adoption assistance. Amazon also offers a range of employee discounts and perks, including discounts on Amazon products, free access to Amazon Prime, and discounted gym memberships.

Types of jobs and sites at Amazon

These roles can be the start of a long-term career inside or outside the company, and we offer signing bonuses between $1,000 and $3,000 in select locations.

Employee Discounts

Amazon.com Discount Code for 10% discount off Amazon merchandise, up to $100 per year. Employee discount program for a variety of goods and services such as travel, event tickets, cell phone services, restaurants, entertainment, sports, and more.

Amazon and Apple both bucked the Silicon Valley trend of providing employees with free food. And now that California localities have begun introducing legislation meant to curtail free meals and boost local eateries, we might see more tech giants beginning to follow suit.