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Except the vast majority of your equity award, which itself makes up the vast majority of your total compensation at Amazon as an engineer, vests in your third
by philsnow 7y ago
Except the vast majority of your equity award, which itself makes up the vast majority of your total compensation at Amazon as an engineer, vests in your third and fourth years.
Your first and second years you vest 5% and 15% (reportedly).
- praneshp 7y agoBeing an intern is a huge bonus here. My wife got a decent equity grant under the terrible 5/15/../.. plan, but also a 20k cash bonus for each of the first two years for being a returning intern. This makes it very attractive to quit after two years, imo
- rifung 7y agoI don't think you need to be a returning intern to get the cash bonus. At least I got one without being an intern
- inlined 7y agoAnd yet Facebook offered $50k for retuning interns on their first year. This was 5 years ago when I was an intern manager.
- praneshp 7y agoThat's nice! In the time I've been in the industry, fb has generally been considered a better payer than amazon, I think. Would you agree? I was just trying to say that the amazon vesting percentage doesn't adversely affect a returning intern's total first/second year comp.
- mrep 7y agoYou get cash bonuses the first two years to make up for that so your total comp doesn't actually change that much.
- lawnchair_larry 7y agoYou get a first and second year signing bonus that is equal to the total comp target that you’d have with your 3rd and 4th year stock, so it’s the same thing.