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Five on one hundred. Fifteen on ninety five. Forty on eighty and three fourths. Forty on forty and forty-five hundredths. Then twenty on thirty eight and sevent

Five on one hundred. Fifteen on ninety five. Forty on eighty and three fourths. Forty on forty and forty-five hundredths. Then twenty on thirty eight and seventy six hundredths. Ad infinitum -- IF your performance is "up to par." Pro-tip: Very rarely is it ever. Your stock options will never be fully vested. At around 8 years you'll be nearing 100%. That is, if you're: not fired/dead from exhaustion/dead from others. You get an annual "bonus" as well. It's not a bonus and it's not called that. It's an advance on salary. It's the justification for your lower-compared-to-industry salary. It's null too if you're gone before the year is up. So no, sir. Your facts are wrong.

skookumchuck 9y ago
> Your stock options will never be fully vested. You're still making money off of the vested portion of the options if you exercise them. You seem to be claiming you're forced to stay since you aren't 100% vested. This sounds more like golden handcuffs than crucifixion to your desk. Apparently your problem is Amazon stock keeps going up, so you're loathe to leave. Leaving my last job was easy since the stock options were underwater :-) glub glub. Your problem is one I would have liked to have.
awsthrowaway42 9y ago
I think you have your facts wrong. Amazon issues RSUs not options. The same process is used for essentially all employees. The annual proxy report describes the process for the top execs (Jassy, Wilke, Blackburn) and it is identical to the process for a L4 SDE. New hires get RSUs that vest at 12 months, 24 months, 30 months, 36 months, 42 months, and 48 months after they start. These are 5%, 15%, 20%, 20%, 20%, and 20%, respectively, of the total initial RSU grant. It doesn't change. You do get more RSUs in future years, but that does not impact the vesting schedule of the initial grant. There is no annual bonus at Amazon. You get 1/12 of your base salary each month. New hires get additional cash each month for the first two years (usually more in the first year), but that is the sign-on bonus. It isn't an advance. The only case I know of that does not match the above is for sales reps -- this is a limited set of people and I doubt that many are reading HN.

skookumchuck 9y ago

> Your stock options will never be fully vested. You're still making money off of the vested portion of the options if you exercise them. You seem to be claiming you're forced to stay since you aren't 100% vested. This sounds more like golden handcuffs than crucifixion to your desk. Apparently your problem is Amazon stock keeps going up, so you're loathe to leave. Leaving my last job was easy since the stock options were underwater :-) glub glub. Your problem is one I would have liked to have.

awsthrowaway42 9y ago

I think you have your facts wrong. Amazon issues RSUs not options. The same process is used for essentially all employees. The annual proxy report describes the process for the top execs (Jassy, Wilke, Blackburn) and it is identical to the process for a L4 SDE. New hires get RSUs that vest at 12 months, 24 months, 30 months, 36 months, 42 months, and 48 months after they start. These are 5%, 15%, 20%, 20%, 20%, and 20%, respectively, of the total initial RSU grant. It doesn't change. You do get more RSUs in future years, but that does not impact the vesting schedule of the initial grant. There is no annual bonus at Amazon. You get 1/12 of your base salary each month. New hires get additional cash each month for the first two years (usually more in the first year), but that is the sign-on bonus. It isn't an advance. The only case I know of that does not match the above is for sales reps -- this is a limited set of people and I doubt that many are reading HN.