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The big question is: will Amazon afford to pay those people Silicon Valley wages? Because the bar moved from 2019 to now. In the past the salary paid by Amazon
by coliveira 4y ago
The big question is: will Amazon afford to pay those people Silicon Valley wages? Because the bar moved from 2019 to now. In the past the salary paid by Amazon could cover the high expenses, not anymore. Especially because their stock is dropping like a rock, and a large part of their compensation is stock based. Amazon compensation was already known to be on the lower scale compared to other FAANG. People will even accept working for a bad company if they're making enough money. But they will hardly do this if the salary makes no sense.
- dgb23 4y agoThere might also be an additional effect here. When people start to leave because of this policy, the salaries almost _have_ to go up to retain people and get new hires.