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Fully agreed with your comment, but I wanted to correct one small thing regarding vesting schedule. Recently, it seems like Amazon started to offset their poor
by filoleg 5y ago
Fully agreed with your comment, but I wanted to correct one small thing regarding vesting schedule.
Recently, it seems like Amazon started to offset their poor vesting schedule in the first 2 years by giving the matching amount of cash bonus for those years of reduced vest. So technically, you still get only 5%/15% vested during your first two years, but with enough cash bonus for those two years to essentially make your "vest amount" equal to the real vest during years 3 and 4.
Note: I haven't done this myself as I am not interviewing with Amazon for all the other reasons you listed, but I had a few friends who interviewed with them in the past year. At first, I thought it was just a unique situation my friends managed to negotiate for themselves. But after checking the usual sources (r/cscareerquestions and a few other places online), it seems like my friends were far from being unique in that aspect, as I saw quite a few people reporting the same cash-bonus-offset method over the past year. From what I saw, it seems like a new thing they started doing at some point during COVID.
- Infinitesimus 5y agoAmazon has had a large cash comp for years 1 and 2 for a very long time. It's not new because of covid at all.
- filoleg 5y agoMy bad, it could have been not new, but I've literally never heard of it until last year. Could have definitely been just me living under a rock, so I appreciate the clarification.