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>It's also why their compensation is mostly in stock. They know you won't last to collect your RSUs. Not only that, the stock doesn't follow a typical vesting
by alasdair_ 7y ago
>It's also why their compensation is mostly in stock. They know you won't last to collect your RSUs.
Not only that, the stock doesn't follow a typical vesting period like "4 years, with a one year cliff" but instead is HEAVILY weighted to later years, so that at the end of year one you barely get any of it percentage-wise.
- amznshill4 7y agoThis is extremely misleading. A typical package looks something like: year 1: $150k cash + $100k bonus + $10k stock year 2: $150k cash + $80k bonus + $30k stock year 3+4: $150k cash + $110k stock The bonuses vest linear, daily, so there's no clawback if you leave during the first two years. Realistically, it means that you only get into stock comp if you've stayed for a few years and have decided that it's where you want to stay. Otherwise, you just get a nice big pile of cash each month.
- throwawaytemp1 7y agoit's misleading for new hires, amazon has to pay them well. but internal growth at amazon is horrible and additional comp is heavily delayed