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True, 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.
by Gh0stRAT 4y ago
True, 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-...