4 ms·
If you're at Amazon you'll walk away with 5% after one year, and only 20% after two years.
by glomgril 4y ago
If you're at Amazon you'll walk away with 5% after one year, and only 20% after two years.
- Gh0stRAT 4y agoTrue, but misleading. Amazon gives big cash bonuses to new hires in years 1 and 2 in order to compensate for the back-weighted vesting schedule.
- stephencanon 4y agoAs big as 20% of their RSU grant + the bonus they would get at another company would be? If not, not misleading at all.
- andonisus 4y agoComp is meant to stay stable at the agreed upon target for the first two years. There is a cash bonus for years 1 and 2 used to offset the vesting schedule. The final 2 years are really dependent on stock performance. For example, I basically will need AMZN stock to get increase by 25% from todays value by Jan 2025 to be making what I did for the first two years.
- Gh0stRAT 4y agoFrom what I've heard, yes they size their Y1 and Y2 cash bonuses such that your TC will be stable over the first 4 years as long as AMZN stock goes up 15%/year. eg one of the first Google results for "teamblind Amazon offer eval" turns up someone who was offered >$100k of cash bonus in each of their first two years: https://www.teamblind.com/post/Offer-Comparison---Amazon-vs-Microsoft-atywzn6a https://www.teamblind.com/post/Offer-Comparison---Amazon-vs-...
- jedberg 4y agoPlus the cash sign on bonus worth as much as 50% of your stock. You actually come out ahead if you work at Amazon for only two years, that's why a lot of people duck out after two years.
- mancerayder 4y agoAnd you hope the stock doesn't go down by 30 percent after 6 months.
- scarface74 4y agoThis is misleading. You get a prorated sign up bonus for the first two years that makes up for the back heavy vesting schedule. With all of the tech sectors stock price dropping, this has been a preferable outcome over the last two years.