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The truly insane part was that if the stock went down, they just said "too bad that's the risk you took with stock comp". They didn't true up if the stock pric
by jedberg 2y ago
The truly insane part was that if the stock went down, they just said "too bad that's the risk you took with stock comp". They didn't true up if the stock price went down unless you were lucky enough to get part of the small pool of stock your director got to spread around for top performers.
They basically set aside your stock when you start, and you the employee absorb all the risk of downside and get punished for upside.
- malfist 2y ago"you're an owner" is very much Amazon's "heads I win, tails you lose"
- keeptrying 2y agoI refused to interview at Amazon for policies like this. I work very hard but I would need to be compensated or given other perks.
- malfist 2y agoThat's why the average tenure at Amazon is 8 months. If you make it past your new hire grant (first four years) something is wrong with you