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I find this vesting schedule being brought up strange (I see this somewhat frequently). On hiring you get a signing bonus, in my case the value of this bonus ma
by DevoidSimo 5y ago
I find this vesting schedule being brought up strange (I see this somewhat frequently). On hiring you get a signing bonus, in my case the value of this bonus made my comp almost flat for those 4 years if the share price remained constant. If anything, this additional cash, which was given each month, was a positive when starting out. Vesting is inherently lumpy, and makes managing cash flow a bit more tricky. I also received base increases despite a very large stock price increase.
On 401k, I'm not in the US so cannot comment.
Your other points around timelines and pages don't match my experience, but I assume that in such a large company they do exist. I have certainly heard of a team where the high sev counts were similar to the numbers you give. Perhaps I am lucky to have missed them, or others are unlucky to have experienced them.
- ToxicMegacolon 5y ago> On hiring you get a signing bonus, in my case the value of this bonus made my comp almost flat for those 4 years if the share price remained constant. Signing bonus is not unique to Amazon. You can get a signing bonus anywhere in the industry, along with a sane vesting schedule of 25% each year or a front loaded schedule to prevent 4 year cliffs. > Vesting is inherently lumpy, and makes managing cash flow a bit more tricky. It doesn't have to be lumpy. Google stocks vest monthly here in US. Also, how is it tricky to manage?