3 ms·
The "waiting for my vesting" mindset only makes sense to me if your TC is back-loaded, but I think Amazon offers are usually pretty consistent TC over the first
by ssfrr 5y ago
The "waiting for my vesting" mindset only makes sense to me if your TC is back-loaded, but I think Amazon offers are usually pretty consistent TC over the first 4 years, it's just that the balance shifts from bonus to stock.
So lets' say I start in January with 5% vesting after 1year, 15% after 2 years, and 20% every 6mo for the next 2 years. The signing bonus starts large and then shrinks proportionally to keep the TC constant. In my mind the only change is that my salary gets more "lumpy" at the end because I'm getting paid every 6mo instead of every 2wks.
So right before a vest I'm thinking "it's worth it to stay for 1 more week for 20% of my stock" but right after a vest the question is "is it worth it to stay 6months for 20% of my stock and 6 months of base pay?". That latter question seems the same whether my TC is cash or stock.
- jedberg 5y agoLet's say Amazon stock doubles in the first two years you work there. So maybe your TC was $250K your first two years, but if you stay that third year, you'll vest in $500K in stock, and if it keeps going up, that fourth year might be $800K in stock (which up until 18 months ago was pretty common). So you'll get people who can't walk away because they can't get TC of $500K somewhere else.