4 ms·
> stock You left out a big part here; RSU vesting schedule is back loaded. It's something like 5-20-25-50
by vishnugupta 4y ago
> stock
You left out a big part here; RSU vesting schedule is back loaded. It's something like 5-20-25-50
- lbrito 4y agoIt's 5-15-40-40
- peanuty1 4y agoIt's 5-15-40-40
- georgeecollins 4y agoTo me that is a real tell. New employees are a risk, but you can tell if they are going to work out after a year. If you are still discounting the RSUs at the second year, it is in hopes that some won't survive to the payout of the third.
- yazaddaruvala 4y agoThis is not me defending Amazon's comp structure (they need to improve it in many ways), just correcting the facts: At the time of calculating an offer, all 4 years are considered the same "Total Compensation Target" i.e. no built in reduction or raise. Amazon just pays cash equivalents for years 1 and 2 - through a signing bonus to make up for the lack of stocks, and through stocks in years 3 and 4. The stocks in for each year are calculated assuming an average of 15% growth. This can be problematic, or can be great depending on the year you join. Disclaimer: Worked at Amazon for 9 years.
- WalterBright 4y agoHow'd the combination to my safe get on the internet? Drat, now I have to change it.
- stale2002 4y agoTo say that it is backloaded is misleading. Yes, technically speaking, the stock only compensation is backloaded. But that is balanced out by a 2 year "signing bonus" that is front loaded an equivalent amount of money, such that you are almost getting a hybrid stock/signing bonus package, so that it is technically the same amount of compensation each year.