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Amazon was a good gig to join (on the AWS side) 4 years ago, not so much now. Reason being everyone I know who got in around 2018 has options that cost a fract

Amazon was a good gig to join (on the AWS side) 4 years ago, not so much now. Reason being everyone I know who got in around 2018 has options that cost a fraction of the current stock price. The job is still boring/miserable but when you are clearing 600k+ annual income... Now if you join, you can bet its a far worse deal and you will make far less than those who just happened to join earlier, even if they're checked out... There in lies one of their problems, the incentives are for checked out people to stay and 'click buttons' while performing as much CYA as possible.

ogn3rd 4y ago
For reference, entering in July of 2016 got you $700 RSU's. Today that's the equivalent of a $35 share.
retinaros 4y ago
not sure what you are saying the stock lasts 4 years any new stock you getting in between will be at market price so you not gonna clear 600k after 4years but only base +new stock.. if amazon stock goes up the next 4years newcomer will get 600k too
Cthulhu_ 4y ago
I'm hearing tales left and right like that; one part of the tales is that you get stocks or stock options, BUT you have to eat a shit sandwich for years before you can 'cash out'. This is the companies' golden handcuffs; they know the job is shit, but you'll get a big payout if you manage to keep it up for at least X time. The other one is that compensation and competition is sobering up. I have one former colleague who claims that they earn 3x as much working for a US company than they did our previous job, but I don't see much exorbitant wages being thrown around. Second, that company he works for now has set a hiring stop; the explosive growth and demand from US based tech companies is slowing down or coming to a halt.