Got an offer from Amazon (SF): base: $165 RSU: 210 (vested over 4 years, 5%, 15%, 40%, 40%) Sign on year 1: $155 Sign on year 2: $110 Total compensation approx: $345 YOE: 6+ years after PhD Will get a competing offer from Salesforce and Apple. The current offer is a bit lower than my expectation. Ideally I want to take it to 400k. Any thoughts?
Applied Scientist?
Aren’t the RSUs mostly vesting in year 3 and 4?
Yea 5/15/40/40
Please divide sign on to 4 years. This is 280k TC in 4 year avg, not 355K
That is an INSANE offer for SDE 2. Looks like you got downleveled
I did not get your point. Is it a lot less than what I should be getting?
What is sign on year 1 & 2? Cash? I have not seen that in offers from other companies.
Amazon does that to offset the vesting schedule. It's pretty good actually. You can always buy stock with the sign on they give you
So it's actually cash?? Wow. Why not just give the stock evenly? From their perspective it seems easier.
Curious how you're getting 355k as your TC? 🤔
sorry that was a mistake on my side
No worries, was just curious. Congrats on the offer and good luck with Salesforce and Apple! My advise to you would be to consider future TC growth and benefits when comparing offers, as Amazon is notoriously bad at those.
Year 1 target is: 165 + 155 + 0.05*210*1.15*1.95 = 343.5
Could the offer be 210 stock units? In which case it would be 165 + 155 + 0.05*210*1.9*1.15 = 343
how does 1.9 and 1.15 represent stock value? I am quite naive in this
Updated. Thanks!
400 seems impossible for L5.
I got downleveled thats why wanted to maximize the compensation
That's a solid base + sign-on, good job negotiating that. Could work on the RSUs, at least 50k more Then take it to SF and get them to really max things out.
I am wondering to ask more on sign-on and then go for more RSUs
Sure that could work but not a lot of room to get those higher without another offer. Also be aware AZ is one of the companies who try to limit rounds of neg to 2-3 and then can stop even if it's not in their best interest.