Amazon Principal PM offer - wdyt?

New PMzzz
Apr 20, 2018 25 Comments

I just got an offer to join Amazon as a Principal PM in Seattle:

$148k base
$98k signing bonus, spread over 2 years
215 RSUs with the usual AMZN vesting schedule (5%/15%/20%...)

I'd like to get to 255 RSUs. Is that going to be a reach? Should I try to get more in signing bonus instead? That would get me closer to what I am making now. (I'm happy to take a small pay cut in this case.)

For background, I have 10 years experience, and a very specific skill set that matches to the team.

I've already looked at Glassdoor, Levels, and posts on Blind, but you know how it is...it would be super helpful to get feedback from current/former Amazonians!

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TOP 25 Comments
  • Amazon / Other Msg615
    I’m a L6 PM, that offer is not bad, but there is some room to go up as it’s close to mine (principal is L7 so you should be a bit higher). If you’re ok with the base and bonus, go for the RSU ask. I would caution though, beware that you will never see a salary annual raise higher than ~3% (even that will be rare, not exaggerating here), so don’t count on ever making more than 150k base once you take that offer. If they try to give you a line about “we want some room to grow your salary”, it’s BS. If base is important to you, make sure they give you the full 160 for Seattle or 180 (I think?) for Cali.
    Apr 20, 2018 8
    • Amazon / Other Msg615
      If it’s a principal PM offer, that is L7.
      Apr 20, 2018
    • New PMzzz
      OP
      Well, now I'm a little embarrassed - it's for a Sr. PM title, not Principal. Recruiter clarified that this is for "L6, but expected to grow quickly into L7 based on performance, at which point the title would become Principal"...which means L6 for a while. Can I still get up to 255 RSUs?
      Apr 20, 2018
    • Amazon / Other Msg615
      Ok let’s unpack that. First, there is no “grow quickly based on performance,” the promotion process at Amazon is HARD and requires significant demonstrated accomplishments in your current role. You also need to get lucky enough to find a manager who is really good at promoting their people, so don’t count on a principal title in less than 2-3 years and maybe moving roles once or twice (of course, you can always get lucky and beat that timeframe). No recruiter and no hiring manager can promise you a timeline to promotion because it’s just not up to any one person.

      Second, for a L6 offer this looks strong. I would get them to max out the salary to 160 and then maybe see if they can give you a few more shares on top.

      Third, be sure you want to be a L6 at Amazon - if your background over the past few years is leading teams, having others execute and keeping them on track/aligned/etc, this will not be that - L6 is the broadest level at Amazon and where fresh MBA hires come into PM roles, and you will be the heavy lifter individual contributor of the group. L5 PMs are almost non-existent at Amazon so you won’t get “support” people.
      Apr 20, 2018
    • Amazon Heapster
      ^^^
      Apr 20, 2018
    • Amazon fHQu87
      Your recruiter is playing you. Expect at least 2 years to promo. If you are LUCKY (not based on performance), could be 1 year. If your manager leaves and a new one comes in they will not have context to promote you and so you will effectively lose the inside track.

      A study by HR showed every time your manager changes your promo is delayed 6 months on average. So keep in mind your recruiter is making promises she absolutely cannot keep based on many things outside both your control and recruiters control.

      You better like how you negotiate in.
      Apr 26, 2018
  • Google / Eng
    Tupak

    Google Eng

    PRE
    Facebook
    Tupakmore
    Is it me or this is really low. Would it be as low if it was a swe? At google, l7 easily clears 500k$/year
    Apr 20, 2018 6
    • New / Eng
      Lambada

      New Eng

      PRE
      Uber, Snapchat
      BIO
      Code of the Road
      Lambadamore
      Amazon has been going low with their offers recently. Both on level and comp. Many posts about that here.
      Apr 20, 2018
    • Microsoft Lotl
      Guess I missed those. Any background on what’s driving the low offers?
      Apr 20, 2018
    • Google / Eng
      Tupak

      Google Eng

      PRE
      Facebook
      Tupakmore
      Tbh, I think the offer would be low for a l5. What’s going on?
      Apr 20, 2018
    • New / Eng
      Lambada

      New Eng

      PRE
      Uber, Snapchat
      BIO
      Code of the Road
      Lambadamore
      Amazon used to have lots of churn and were desperate to get eng to join. Many people left within 2 years. Things have changed. Churn is way down at Amazon and they were recently voted most popular employer in the US.

      So, they are adjusting offers accordingly. Leveling down and paying less. Frugality is one of the LP after all. Why be aggressive with pay if lots of people want to join.

      People that join Amazon now are buying at the top.

      See Oracle for a company at the other end of the spectrum. Need talent, paying crazy money, getting great people to move.

      Apr 20, 2018
    • Google nobody.
      Amazon levels don't map 1:1 with Google. See levels.fyi
      Apr 20, 2018
  • Microsoft Lotl
    Salary and sign on are super low for L7. Try and get as much up front as you can. That’s a weak L6 offer.

    Edit: Counter with 160 salary, 260k sign on, 320 RSU if truly L7.
    Apr 20, 2018 4
    • Dragoneer Investment Group / Product ¯\_{ツ} _/¯
      Hm, what would a strong L6 offer look like?
      Apr 20, 2018
    • New PMzzz
      OP
      Super helpful feedback. I don't know what level the title is being mapped to, but I think it's L7 based on Levels. This is so stressful!
      Apr 20, 2018
    • Microsoft Lotl
      Ask the recruiter what level. Without knowing it’s really hard to counter.
      Apr 20, 2018
    • New / Eng
      Lambada

      New Eng

      PRE
      Uber, Snapchat
      BIO
      Code of the Road
      Lambadamore
      Principal should be L7. But that is an extremely low offer. Are you sure this isn’t a TPM role? But even then it is very low.
      Apr 20, 2018
  • Amazon / Mgmt BakBown
    This is PM and not PM-T? I’d ask for the $160K base max for sure. That way anything in the future will be RSUs.
    Apr 20, 2018 1
    • Samsung dApu68
      PM Vs PM-T...who makes more at the same level?
      Dec 19, 2018
  • McKinsey McKanon
    Just landed on this thread. What was the final offer?
    May 24 0
  • Amazon / Product Fuytfdzh
    Seems low for Principal PM. Ask about level and ask if PM or PM-T.
    Apr 20, 2018 0

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