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Amazon pays software engineers very well (compared to software engineering jobs in general). Perhaps people don't vote with their feet because they like the mon

• Apocryphon 4y ago
  Amazon comp was entirely predicated on stock, wasn't it? Because they uniquely have a salary cap that's not particularly high. https://www.levels.fyi/blog/amazon-salary-negotiation.html https://www.levels.fyi/blog/amazon-salary-negotiation.html It seems like there is more Amazon non-warehouse employees interest in unionizing now anyway: https://www.businessinsider.com/amazon-layoffs-corporate-employees-discuss-forming-union-unionization-2022-11 https://www.businessinsider.com/amazon-layoffs-corporate-emp...
  • comp_throw7 4y ago
    Not exactly - while the initial stock they grant vests on a 5/15/40/40 schedule, they also have a large cash "bonus" which "vests" monthly for the first two years. With their assumption of 15% stock growth per year, you should have equal TC per year for your first 4 years. Of course, assuming 15% annual stock growth is silly, but you can run the numbers however you want. The point is that compensation for the first two years is predominantly cash.