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Every tech job pays well compared to most of the economy. But the OP described Amazon's salaries as "frugal", in that context. My point is just that I don't see
by _bxg1 6y ago
Every tech job pays well compared to most of the economy. But the OP described Amazon's salaries as "frugal", in that context. My point is just that I don't see any shining positive that makes all the downsides worth it.
- marcinzm 6y agoAmazon will pay more than anyone outside of other large established tech companies. Historically, accounting for stock increases, someone who has spent 4 years at amazon will probably have matched other large tech companies.
- joshuamorton 6y agoI don't think that's true. When I started working, Amazon stock was at ~$750 a share. When I started working, Google stock was at about the same. Google would have granted 100-120K in stock, Amazon closer to 50K. Google gives annual refreshes of ~50K, while Amazon would not until the initial grant is mostly vested. So at the end of this year, when both vests would be coming to a close, a Googler who kept all their stock would have 160 shares from their initial grant, as well as 25-40 additional shares from their refresh grants. So that's ~180K in AMZN at today's prices vs. 230K in GOOG, plus another 40-60K in refresh grants. And the Google employee has a better salary and bonus structure. Facebook is equivalent or superior to Google in pretty much every aspect of this comparison (base pay, bonus, equity grant, equity growth, equity refresh).