8 ms·
So if you don't find other work, max severance is like 28.5 weeks? Or is 20 the cap? If it's the former, almost 7 months of runway to find a new job is pretty g
by celestialcheese 4y ago
So if you don't find other work, max severance is like 28.5 weeks? Or is 20 the cap? If it's the former, almost 7 months of runway to find a new job is pretty great.
The pulling of severance on job acceptance is a cheap move by Amazon, but not unexpected given their "frugality" in all aspects of their comp and perks.
- malfist 4y agoIf at the end of the 60 days, you get a lump sump payment of 4-20 weeks of base pay, no sign on bonus or RSUs included. Amazon famously caps base pay, so most people, even super senior people will not be making more than 160k/yr unless they were hired in the last year. If you find employment externally during those 60 days, all payments stop and you get nothing more from amazon. To get the 7 months of pay you'll have had to be at amazon 10+ years. That's like 3 people. Turnover for all roles is >100%, tech is something like 50+%
- dymk 4y agoAmazon doubled their base cap last year, so is this still true?
- malfist 4y agoThat's why I had a disclaimer about being hired this year. If you weren't hired this year your base is likely still around the 160k
- makoz 4y agoData point of one and all that, but I got a decent bump in base and have been with the company for more than a few years. I assume that's true for almost everyone else based off the Blind posts.
- mothsonasloth 4y agoCouldn't you, y'know just get a new job offer and not tell them about it until your 60 days have elapsed?
- mywittyname 4y agoThere are reporting agencies that can be used to determine who employs a person. That's not including some other shady shit I wouldn't put past the company getting up to (i.e., bribing recruiting firms to tattle on former employees). Plus, I bet there's clawback provision if you don't tell them and they find out about it. But yeah, I'd take that gamble and just keep a low profile online. Or one could slow walk the hiring process: land a job then push your start date back out 61-x days.
- josefresco 4y agoSimilarly could you tell your new employer "Hey don't officially hire me for another 3 more weeks - I'll still work for you now but Amazon will pay my salary - deal?"
- cmeacham98 4y agoI'm not sure why anyone would play this weird game of defrauding Amazon and working for a company for free when they could instead just do: "Hey I need some time, can my start date be X days from now", where X will probably be 30 or so days (given it takes time to apply to new jobs, go through the various stages of interview, etc).
- deleted 4y ago[deleted]