Top business news: Salary comparison, Amazon’s leadership, Operation Warp Speed – Business Insider

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Top business news: Salary comparison, Amazon’s leadership, Operation Warp Speed – Business Insider

Hello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Please subscribe to Business Insider here to get this newsletter in your inbox every Sunday. 

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Skye Gould/Business Insider


Hello!

There’s often a large degree of secrecy over salaries.

To shed a little light on who pays what, our reporters have been analyzing disclosure data for permanent and temporary foreign workers released by the US Office of Foreign Labor Certification to gauge how much companies offered to pay foreign staffers they sought to hire in the US through work visas.

As I’ve noted in the past, the data only reveals what companies pay foreign workers in roles for which they hired immigrant workers in fiscal year 2019. And the database also does not appear to include equity grants. 

But the data is still valuable. Want to get a sense of how much the PR industry pays? Here you go. Or if you’re thinking of making a move, you can get a sense of how much you can earn in the tech industry based in Seattle or Texas.

Below are a range of titles at 10 different companies. Click on the link to see salaries for other roles at that company and at others like it.

You can also check out this interactive database from Rob Price, Skye Gould, and William Stevens breaking down how much Apple, Tesla, Amazon, and 10 other tech giants pay their workers, from engineers to salespeople.

Amazon’s new No.2

Jeff bezos

Amazon CEO Jeff Bezos.

Andrej Sokolow/picture alliance via Getty Images


Eugene Kim reports:

Amazon is turning to a 20-year company veteran with deep logistics chops for its new retail CEO position, a highly influential job that is widely considered the second most powerful after company founder and CEO Jeff Bezos.

Amazon announced that Dave Clark, SVP of worldwide operations, will become CEO of worldwide consumer when Jeff Wilke, who has been seen as Bezos’s right-hand man, steps down from the position early next year. The job oversees everything from Amazon’s core retail business to its massive shipping and logistics arm, as well as its growing physical stores segment, including Whole Foods.

You can read more on Clark’s elevation here:

Eugene, Rachel Premack, and Hayley Peterson profiled Clark back in May, focusing on his role in charge of shaping Amazon’s COVID-19 response, including changes in the supply-chain network and warehouse safety policies. You can read that story here:

Amazon also added three new executives to the company’s “S-team,” a group of 25 top leaders who work on the company’s most important issues, Eugene reported. Most notably, it added Alicia Boler Davis, VP of global delivery services, to the S-team, making her the first woman of color to join the group. Here’s the full list:

Operation Warp Speed

Moncef Slaoui, chief advisor of Operation Warp Speed

Moncef Slaoui, chief advisor of Operation Warp Speed

Reuters


Moncef Slaoui, the chief adviser to Operation Warp Speed, the US government’s program to deliver a safe and effective coronavirus vaccine as soon as possible, talked to Andy Dunn in a rare interview. Here are some of the highlights: 

You can read the full transcript here:

Below are headlines on some of the stories you might have missed from the past week.

— Matt

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A Republican central to Trump’s reelection campaign led secret talks to remove him from the 2016 ballot, sources say

POWER PLAYERS: The 18 leaders at Google Health shaping the tech giant’s secretive healthcare business

Inside Eagle Investors, the 20,000-member online community run by 2 Indiana University students that’s helping spearhead the Gen Z day-trading revolution

The 20 retail startups VCs have pegged as most likely to take off in 2020 — and how they’ll redefine the retail landscape

An Instagram ‘micro’ influencer with 45,000 followers explains how much money she charges for a sponsored post and story slide

Inside the drama at Blackstone’s $129 billion credit division, where pay changes, PR black eyes, and disapproval of its internal hedge fund preceded an exodus in distressed trading

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