AMAZON Continues To Grow In Oregon
With Salem Fulfillment Center
Continued Growth In Oregon
With Salem Fulfillment Center
New Amazon facility will employ more
than 1,000 full-time associates
Amazon.com, Inc. (NASDAQ: AMZN) today
announced plans to open its second
Oregon fulfillment center in Salem, which
will create more than 1,000 full-time positions.
The company recently announced an
upcoming fulfillment center in Troutdale
and it currently operates a sortation center
in Hillsboro and Prime Now hub in Portland.
Additionally, there are more than 40,000
authors, sellers, and developers in Oregon
growing their businesses and reaching new
customers via Amazon products and services.
"We are excited to continue growing in
Oregon, creating 1,000 full-time jobs in
Salem," said Sanjay Shah, Amazon's Vice
President of North America Customer Fulfillment.
"The support of Governor Brown,
local leaders, and many others have been instrumental
in our decision to locate the new
fulfillment center in the state capital, and we
are grateful for the support we've received to
bring new jobs and investment to Oregon."
"Amazon's continued expansion in Oregon
means more jobs and bright futures for the
Oregonians who work there and live in the
surrounding communities," Governor Kate
Brown said. "I'm committed to making
sure Oregonians can build the skills to work
alongside innovative technology and continue
their education at the same time."
"We're excited to welcome Amazon to Oregon's
capital," Salem Mayor Chuck Bennett
said. "This is great news for our local economy
and small businesses. Salem is looking
forward to partnering with Amazon to create
innovative jobs and develop a lasting relationship
with our vibrant community."
Associates at the one million square foot facility
will pick, pack and ship larger customer
items, such as sports equipment, gardening
tools, and pet food.
Full-time employees at Amazon receive
competitive hourly wages and a comprehensive
benefits package, including healthcare,
401(k) and company stock awards starting
on day one. Amazon also offers regular fulltime
employees maternity and parental leave
benefits and access to innovative programs
like Career Choice, where it will pre-pay up
to 95 percent of tuition for courses related
to in-demand fields, regardless of whether
the skills are relevant to a career at Amazon.
Since the program's launch, more than
10,000 employees have pursued degrees in
game design and visual communications,
nursing, IT programming and radiology, to
name a few.
To learn more about working at an Amazon
fulfillment center, visit www.amazondelivers.
The Salem project is being developed by
Capstone Partners, LLC and PCCP, LLC.
Amazon is guided by four principles: customer
obsession rather than competitor focus,
passion for invention, commitment to
operational excellence, and long-term thinking.
Customer reviews, 1-Click shopping,
personalized recommendations, Prime,
Fulfillment by Amazon, AWS, Kindle Direct
Publishing, Kindle, Fire tablets, Fire TV, Amazon
Echo, and Alexa are some of the products
and services pioneered by Amazon. For
more information, visit www.amazon.com/
aboutand follow @AmazonNews.
New, Independent Registered Investment Advisor Firm In Salem
Capstone Wealth Advisors, LLC,
Ryan Skogstad, Senior Financial Advisor
Capstone Wealth Advisors, LLC, recently announced its official transition to a Registered Investment Advisory (RIA) firm. As one of the largest fee-only RIAs in the Salem area, Capstone Wealth Advisors is an independent practice providing both businesses and individual clients personalized advice and services in all areas of investment planning, including: retirement planning, investment tax strategies, estate planning, education funding, risk management, investment asset allocation, and employee and executive benefits.
"Capstone Wealth Advisors chose to become a Registered Investment Advisor firm to solidify the objective of serving clients," says Senior Financial Advisor Ryan Skogstad. "As such, our only loyalty is to our clients and their success. We feel this is what people are looking for in a financial advisor, and we are excited for the opportunity to provide it."
The principals of Capstone Wealth Advisors-Rob Norton, Michael Coursey, Ryan Skogstad, Benny Won, and Ron Boucher-are committed to designing financial plans that best meet the individual needs of each of their clients.
As a Registered Investment Advisor regulated by the Securities and Exchange Commission (SEC), Capstone Wealth Advisors are Fiduciaries and are legally bound to work in their client's best interest. As fee-only advisors, CWA cannot accept commissions from any investment related products or mutual fund companies. Their investment recommendations are based only on the specific goals, needs and risk tolerance of their individual clients.
Banks and other wirehouse models are held to a "suitability" standard, which means investments made on behalf of the client must be "suitable" for the client when they are purchased. This does not necessarily take into consideration the costs or risks associated with some investments.
"Choosing the right investment advisor is an important decision," says Skogstad. "You should choose a financial advisor whom you trust, who has a disciplined repeatable process, and who is looking out for your best interests rather than the interest of a large corporation."
Capstone Wealth Advisors (CWA), LLC, is an independent wealth advisory practice headquartered in Salem, Oregon. Owners Rob Norton, CRPC, Michael Coursey, Ryan Skogstad, Benny Won and Ron Boucher have a combined 100+ years of experience and community commitment. CWA serves the best interests of their clients by providing uncompromised advice on retirement, estate and investment planning, business retirement plans and education funding. For more information, call 503-967-1980 or visit www.capstonewealthadvisors.com.
The High Cost Of Substance
Use For The Workplace
Each year, substance use costs employers
billions of dollars in lost productivity
Dr. Jeffery Young
of Hazelden Betty Ford Foudation
Each year, substance use costs employers
billions of dollars in lost productivity and
additional healthcare costs, yet many don't
realize the huge impact it has on everything
from employee morale to the bottom line.
The use of alcohol and other drugs - both
legal and illegal - is common in this country,
but we don't talk enough about the associated
problems and impact, which are
enormous. It is an unfortunate irony that
in American culture, we celebrate use while
stigmatizing misuse, or problematic use.
One result of that cultural contradiction is
that, while millions of individuals need help
for their substance use, most ignore, avoid
or deny the problem until forced to confront
it. Too many businesses do the same,
missing the opportunity to acknowledge,
identify and proactively address employee
substance use issues.
Addiction and other substance use problems
affect the workplace in many negative
ways. There are immediate impacts, like
employees who miss work (absenteeism)
and others who are there but not presentminded
and focused-perhaps even impaired.
Injuries and accidents can also
result. In fact, employees who misuse alcohol
and other drugs result in three times
higher healthcare costs and five times higher
worker's compensation claims for the
business. One 2007 study estimated more
than 60 percent of worker's compensation
claims involve opioids, the class of drugs
that includes prescription painkillers and
heroin and has led to a national overdose
Employee substance use can also lead to
safety issues that put customers and the
public at risk - not to mention
litigation. In addition,
substance misuse and addiction
affects relationships at
work, as well as those off the
job, reducing quality of life
at home and in the work environment-
not just for the
individuals misusing alcohol
and other drugs, but for all
those around them. The repercussions
of this are felt by
coworkers, customers, partners,
family members and
The ripple effect of addiction
is a total economic cost
estimated at a staggering
$428 billion per year in the
U.S., half due to healthcare
costs and the other half due
to lost production. According
to the National Council
on Alcoholism and Drug Dependence
substance use alone costs
American businesses $81 billion
Because it contrasts with
outdated stereotypes, some
are surprised to learn that 70
percent of people who use illegal
drugs are employed. But
the problems go far beyond illegal drugs.
Alcohol is our nation's most pervasive and
costliest substance, by far. Research reported
by NCADD found that 24 percent
of workers reported drinking during the
work day within the past year, 35 percent
of work-related emergency room visits involved
"at-risk" drinkers, and people with
alcohol problems were 2.7 times more likely
to have a work injury.
Some might argue it is not an employer's
place to address employee substance use
- seeing it more as a private moral issue,
rather than a health care one. While legal
substance use is a private choice and perhaps
an unhealthy one, it is not a moral one
- any more than eating chocolate cake or
failing to go to the gym. More importantly,
decades of research and lived experience
confirm that substance use disorder, or addiction,
is a health care condition, not unlike
heart disease, and that it can be overcome
if addressed appropriately.
It's also a health condition that does not
discriminate. It can and does affect people
of any age, religion, race, socioeconomic
status, gender and profession. More than
likely, addiction directly affects about 10
percent to 20 percent of your workforce -
depending on the industry. Many more in
our workforce are likely experiencing addiction
within their family system - a spouse,
child or parent, for example - which can
also affect their own performance.
Therefore, it is not only employers' prerogative
to support treatment and recovery
for individuals and families, but-given the
costs-it makes good business sense, too.
One of the most effective solutions is to
have a strong Employee Assistance Program
(EAP). Human Relations departments
within a business typically spearhead
an EAP, promoting employee wellness and
helping those experiencing substance use
problems (and often co-occurring mental
health concerns) find the resources they
need. Research indicates that each dollar
spent on an EAP saves $3 in avoided costs.
For example, it costs a lot more to hire and
train someone new than it does to support
people and give them the chance to become
At the Hazelden Betty Ford Foundation,
where I work, we have increased our outpatient
care capacity nationwide, including
here in Oregon, where our flexible program
in Beaverton allows people to access care
while still maintaining a work schedule.
Our society has a long way to go in terms
of smashing the stigma associated with addiction
and providing the health care and
resources that people need to recover. Employers
in Oregon and across this country
can provide leadership in this area, and
they have every incentive to do so. For
practical steps an employer can take, see:
About Jeffery Young, MD
Jeffery Young, MD, is medical director
of the Hazelden Betty Ford Foundation's
outpatient center in Beaverton and its
Springbrook residential treatment campus
in Newberg, where he also serves as director
of the Health Care Professionals Program.
Young, a 2015 recipient of his organization's
prestigious "Fire Starter Award,"
received his medical degree from Oregon
Health Sciences University and is Board
Certified in General Psychiatry and certified
by the American Board of Addiction
The Hazelden Betty Ford Foundation's
outpatient center in Beaverton and inpatient
campus in Newberg offer a wide array
of services in a whole-person approach to
treating addiction. The nonprofit Foundation
is the nation's leading provider of addiction
treatment and recovery resources,
with a system of care that includes 17 sites
across the U.S. The center in Beaverton is
located at 6600 SW 105th Ave., Suite 120.
For more information, visit www.hazeldenbettyford.
org/Oregon or call 855-348-
7021, 24 hours a day.