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An example of salary from one wholly-owned Amazon subsidiary: Base salary 78k. First Year signing bonus: 30k, 10 RSUs vest after first year Second Year signing
by temp_8675309 10y ago
An example of salary from one wholly-owned Amazon subsidiary:
Base salary 78k.
First Year signing bonus: 30k, 10 RSUs vest after first year
Second Year signing bonus 25k, 30 RSUs vest after second year
Third year & Fourth year, 40 RSUs vest after every 6 months of employment
This was directly from an entry level offer and it is general practice to get a salary increase at annual reviews and more RSUs for after your fourth.
Like many RSUs, if you leave before your RSUs vest, you forfeit them. This is pretty much your 4 year incentive to stay.
EDIT: Clarifying RSU forfeiture
- losteverything 10y agoGolden Handcuffs in Caps. Explains the other posts.
- ajkjk 10y agoThe income I was getting felt luxurious even without the RSUs. I viewed them as "promises of extra income next year" rather than "money I get this year but forfeit if I leave", which seems much healthier for many reasons. You're always on a revolving set of RSUs anyway; it's not like there's a point where they've all vested. In no sense is that 'handcuffs'. It's more of a guaranteed raise.
- vthallam 10y agoSo when the first and second year RSU's mature and you quit, you can still sell the 20 RSU's though right?
- temp_8675309 10y agoYes, you pay the taxes on them and they are considered income.