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... especially since hire-to-fire means that a lot of people will never actually receive that equity compensation.
by cperciva 5y ago
... especially since hire-to-fire means that a lot of people will never actually receive that equity compensation.
- jedberg 5y agoAt Amazon in particular they pay you the cash value of your stock for the first two years until it vests and you can start actually cashing it out. They have to since they have a maximum wage of ~$170K (varies a little depending on city).
- notJim 5y agoIsn't Amazon famous for clawing back starting bonuses if you don't stay for 4 years or something like that?
- jedberg 5y agoI don't think so, because I think the most common tenure is just over 2 years. I know a lot of people who leave right after their second year cliff (the vesting isn't even and most of it comes at the end).
- pawelos 5y agoNo, the sign-on bonus is prorated monthly and you don’t pay back what you got. However, you might need to pay back part of relocation money, if you leave before two years mark.