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Sure, I'm not saying anything about the culture or WLB, just that there's no risk of "losing out" on compensation if you get fired before your backloaded equity
by comp_throw7 5y ago
Sure, I'm not saying anything about the culture or WLB, just that there's no risk of "losing out" on compensation if you get fired before your backloaded equity vests.
- fridif 5y agoWait, what? I'm actually genuinely interested in clarifying this for myself. If Amazon gives me a contract on day one that says they will give me 5 shares on day one, 15 shares on day 366, 40 shares on day 732, and 40 shares on day 1098... ... you are saying that even if i get fired on day 90, i will still have all 100 shares paid out to me on those days? because that is not how it worked at other places ive been at
- comp_throw7 5y agoNo, Amazon structures its compensation such that you get a large cash "bonus" split up monthly over your first two years to offset the backloaded compensation. A senior (L6/SDE III) offer might look something like this: 160k base salary 350k sign-on (195k first year, 145k second year, split up monthly) 120 shares (@ 3720/share): 6 shares Y1, 18 shares Y2, 48 shares Y3 & Y4 (24 shares vesting every 6 months at that point) So in the first year you're taking home 160k base salary + 16.25k bonus each month, none of which needs to be paid back if you leave.