4 ms·
> - These numbers are inflated by years of stock growth that is unlikely to continue in the future. This there is some truth to but not as much as people claim.
by amznthrowaway5 7y ago
> - These numbers are inflated by years of stock growth that is unlikely to continue in the future. This there is some truth to but not as much as people claim. Amazon, of all these companies, builds in expected stock growth into their initial grant valuation (which I think is total BS; if any Amazon recruiters are reading this, please stop).
Yeah Amazon is really deceptive with their offers and raises. Assume you won't get anything more than what's on the offer letter, even if you get promoted. And don't expect much reward for high performance, if you want a proper raise you'll need to job hop instead. Even if you do get a reward, expect it to be heavily deferred and reduced based on a ridiculous 15% stock growth assumption. Amazon uses a 6 month vesting schedule to try and ensure they have ample time to kick you out before a vest (or they get to get away with not giving you the comp if you get angry and leave before a vest). Here is a review of how Amazon comp works:
https://www.teamblind.com/post/How-refreshers%E2%80%9D-work-at-Amazon-pVJmPiL4 https://www.teamblind.com/post/How-refreshers%E2%80%9D-work-...
- jcadam 7y agoAlso, this has Amazon's location listed as "Seattle, CA"