Episode 9

Published on:

30th Sep 2021

How to Grow Your Business Like Amazon - Amazon's New Employee Focus

Welcome to another installment of How to Grow Your Business Like Amazon! In today's episode, Steve breaks down the new approach Amazon is taking towards its employees to further enhance their work environments, quality of life, and overall satisfaction within their role.

With an increased focus on employee acquisition, skills development, and overall retention, Amazon is striving to become earth's best employer. Listen as Steve takes a deep dive into the various initiatives Andy Jassy and the team at Amazon are implementing and how these same principles could be incorporated within your own business.

So sit back, relax, and enjoy yet another great conversation!


0:08 - Overview on Amazon's approach to their employees

4:30 - What's happening at Amazon to fulfill this vision for employees

5:20 - Fulfillment workers seeking upward mobility and professional development

8:11 - Increasing Amazon's minimum wage to $15/hr in 2018

10:30 - 76% of employees are interested in professional development opportunities

12:00 - College tuition reimbursement initiative

13:40 - The Amazon Restart Program

16:50 - David Clark's letter to employees regarding productivity

18:30 - Algorithms that help employees from getting "stuck" in a single role

22:50 - Amazon looking to raise wages for current employees

26:25 - The Amazon Effect on communities nationwide

28:20 - Closing remarks

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About the Podcast

How to Grow Your Business Like Amazon
Why, when, and how Jeff Bezos takes risks and how that made Amazon successful
Amazon is the fastest company ever to reach $100 billion in sales and they didn’t reach that landmark by staying in their comfort zone. Risk taking is the key that unlocked the door to growth at Amazon, but those risks were (and are) intentional, calculated, and strategic. Thomas Edison believed, “I have not failed. I've just found 10,000 ways that won't work.” and Amazon’s founder, Jeff Bezos, has always linked experimentation and failure with growth and success.

Join Steve Anderson, author of "The Bezos Letters: 14 Principles to Grow Your Business Like Amazon," as he shares insights into the mind of one of the most successful CEOs to date.