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Yeah, I think I misspoke somewhat, but not entirely. The Amazon comp structure, at least for the first four years after you join, as far as I know is something
by svdad 14y ago
Yeah, I think I misspoke somewhat, but not entirely. The Amazon comp structure, at least for the first four years after you join, as far as I know is something like this (and take this with a grain of salt, I haven't worked there):
Y1: Base + large annual cash (non-perf) bonus + 5% stock vest + optional perf stock bonus
Y2: Base + large annual cash (non-perf) bonus + 15% stock vest + optional perf stock bonus
Y3: Base + 40% stock vest + optional perf stock bonus
Y4: Base + 40% stock vest + optional perf stock bonus
So yeah, they don't adjust the base upward, but they do give you extra cash in the first two years to compensate for their back-loaded stock vesting schedule. That's what I meant.