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Wait, 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 d
by fridif 5y ago
Wait, 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.