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Amazon's stock vesting schedule is 5% - 15% - 40% - 40%, so you're not new anymore by the time you reach any significant number of stocks vesting.
by iLoveOncall 3y ago
Amazon's stock vesting schedule is 5% - 15% - 40% - 40%, so you're not new anymore by the time you reach any significant number of stocks vesting.
- onlyrealcuzzo 3y agoConvenient considering their average tenure is less than 2 years.
- toiletduck 3y agoGiven they backfill the first two years with grant value bonuses, this is irrelevant: the first two years just pay straight cash to make up those % to 100. First year is an up front payment, second is monthly payments. If anything that vest schedule retains people for those two years rather than being a way to pay less.
- mmcconnell1618 3y agoAmazon typically offers cash bonuses during the first 2 years that bring total comp up to a similar amount in the years where 40% of stock vests. They manage towards a target compensation number. The stock vest schedule just changes the mix of cash vs. stock.
- coredog64 3y agoThe last two 40% chunks vest at 6 month intervals. Amazon’s RSU comp also vests in 6 month intervals (May and November). If you’re in year 3, you could be waiting on a vest that includes signing bonus comp and regular comp RSUs.
- growse 3y agoIf this isn't an open admission that it's such a shitty place to work, that they have to withold your pay to trap you there once you work it out for yourself, I don't know what is. Places that provide good working environments don't need to trap their employees into staying.