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So the person interviewed is lying then, you claim? Inflating the number? > I got to the point where they offered me a job, and I was going to quit. But I had
by capableweb 3y ago
So the person interviewed is lying then, you claim? Inflating the number?
> I got to the point where they offered me a job, and I was going to quit. But I had a huge stock investment coming up. So there was no way I was going to rock the boat in any way, shape, or form just trying to get to this date.
> If you walked away during the Pivot or anytime before you had your investment before it was there for you, you would lose it all. And I'm not talking a little bit of money. I'm talking: I had a couple hundred thousand dollars coming to me.
> I played along, and I'm good at playing along when I have to be. So then the money is in my account. That next day, I called my manager and I told them I was resigning.
- iLoveOncall 3y agoNo, she isn't necessarily lying but just making it seem as if she would have received $200K over a single vest while it would have likely happened over at least 2 years and 4 vests. I have £110K coming up if I look on the stock portal, but it's over the next two years, so 25K at a time, and I don't consider it as money I already have.
- capableweb 3y agoWell, it seems what the interviewed person is saying is that "Day X I didn't have the money in my bank account. I waited for Day Y, and now I have \"couple hundred thousand dollars\" in my bank account", which sounds like it didn't happen over 2 years and 4 vesting occasions. But maybe it's just worded weird.
- jeremiahbuckley 3y agoGood eye, and accurate original observation.
- kortilla 3y agoYou’re just out of touch with how much people can make in the US. An IC software dev L6 offer I reviewed for a colleague 4 years ago was TC comprised of 180k salary and a little over $1 million of stock with a 4 year vest that Amazon backloads so you get most in the last 2 years. $200k in a single 6 month vest cycle is definitely possible in that offer depending on timing of amzn stock. This article was from someone who had been at Amazon 6 years and who was managing people. They were HR, which obviously doesn’t comp like software, but once you’re managing a team the stock may be similar.
- iLoveOncall 3y agoI'm very aware with how much people can make per year in the US. A principal engineer that is tenured will be on around 550K a year. An HR person that administers PIPs is at most L6 and unlikely to be on more than 250K a year. 6 years in Amazon means a salary was low, not that it was high. Managing people doesn't mean anything, you can earn less than $100K TC in Seattle and be managing people. Additionally, compensation has been reworked a lot 2 years ago to increase a lot the cap on salary and reduce a stocks.
- kortilla 3y ago> principal engineer that is tenured will be on around 550K a year. You ignored what I wrote
- NBJack 3y agoIIRC, truly well performing employees there can get very good stock. Amazon hates giving out cash. For a time, even during interviews, they would brag that even Bezos himself didn't make more than about $160k in base pay annually. Stock, stock, and stock are used for incentivization, and Amazon has indeed had some very good market performance over time.
- deleted 3y ago[deleted]
- cmorgan31 3y agoThey had direct reports in HR so you might be on the mark in terms of ladder just more in the HR camp with OP as a senior manager where they combined their bonus and vest payouts? You'd just have to be a bit above Staff to hit 200k with bonus and a single vest.
- BeetleB 3y ago> I have £110K coming up The currency symbol is the tell. At FAANG, people get paid a lot more in the US. A former manager of mine moved to another (non-FAANG) company and was given a $500K sign on bonus. If it vested annually over 4 years, that's over $100K each vest. Start adding annual RSUs provided, and I can see a single vesting event going over $150K. And as others have pointed out, Amazon backloads the vesting. 40% in the 3rd year. Another 40% in the 4th year.
- iLoveOncall 3y agoI know exactly the salary bands of Amazon in the US, no HR PIPer is earning even $100K in a single vest, let alone $200K.