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The article notes the backloaded vesting schedule as a contributing factor, but ironically it’s one of the biggest reasons I took a position with AWS late last
by helen___keller 5y ago
The article notes the backloaded vesting schedule as a contributing factor, but ironically it’s one of the biggest reasons I took a position with AWS late last year.
In a market with sky high tech valuations, a big tech position that’s all cash for the first two years was very appealing since a correction across the board seems likely(note: Amazon offers extra cash for the first two years to keep your comp roughly the same every year).
- master_crab 5y agoYeah but that correction is happening now — after you signed the acceptance letter which stated the amount of stock you will earn in year 3-4. So you are getting hosed unless they comp you (which is possible considering how things are going there now) Source - former AWS engineer
- helen___keller 5y agoRight, so I get plenty of dollars now and either get more RSU by year 3 or a new job