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> If I'm being uncharitable (and after having had conversations with managers about Amazon's total compensation philosophy in which raises are scaled back if th
by serge2k 11y ago
> If I'm being uncharitable (and after having had conversations with managers about Amazon's total compensation philosophy in which raises are scaled back if the stock did well but not scaled up proportionally if the stock underperformed, I am perfectly willing to be uncharitable here), I would believe that large chunks of their compensation system are structured around an average employee tenure of roughly 18-30 months. If you assume that, it almost looks like the company has gone out of its way to minimize the amount it will actually have to pay to people while maximizing the amount it looks like they're offering.
Absolutely.
I'm kinda on the fence about the stock price increase being used to avoid giving raises.
On one hand, yes the amount of money I can get in a year went up.
On the other, the company already allocated those RSUs. They aren't giving me anything new. They are also forcing my hand into selling them immediately if I actually want a raise in my take home pay. Plus, you quit after 2 years or so they gave out only about 20% of the total, so you leave all that money on the table. That's after they didn't give you any sort of real raise for 2 years because your were already hitting the target.
I'd be interested to hear some people from other companies talk about their employers philosophy.