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NEW YORK (AP) — Amazon says it’s investing more than a $1 billion to raise wages and lower the cost of health care plans for its U.S. fulfillment and transportation workers .

At a Glance:

Amazon investing over $1 billion in wage increases and health care savings

Average hourly pay rises to more than $23 across U.S. workforce

Entry health care plan reduced to $5 weekly with lower co-pays

Wage increases mean full-time workers earn $1,600 more annually

The Seattle-based company said Wednesday the average pay is increasing to more than $23 per hour. Some of its most tenured employees will see an increase between $1.10 and $1.90 per hour. Full-time employees, on average, will see their pay increase by $1,600 per year.

Amazon also said it will lower the cost of

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