Amazon SDE2 offer Bay Area

Amazon nCRU27
Apr 17 30 Comments

YOE: 13
Base: 173K
Bonus: 97K + 75K
RSU: 225 over 4 years

Is this offer good? Or should I ask for more?

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TOP 30 Comments
  • Google ujar
    Stock of 225k for 13yoe sounds low. Would have expected around 300k+.

    What does 97+75 for bonus mean?
    Apr 17 7
    • Google ujar
      Ah, I see. So from 3rd year, just the base and stock... No concept of bonus?
      Apr 17
    • GoDaddy / Eng gooddaddy
      Yup there is no concept of bonus. After those first two years, you'll never get a "bonus" again. Either base salary increase, or additional RSUs.

      I even asked my recruiter why Amazon has a cash bonus in the first 2 years. Why not just stock every year. He said he had no idea.
      Apr 17
    • Cisco / Eng lHMA75
      Amazon average tenure is 18 months. By having backloaded RSU vesting, most folks will not get RSUs vested. This helps is making sure outstanding shares count does not go up. Other companies probably do aggressive buyback to keep a lid on outstanding shares. Amazon style might be a cheaper option.
      Apr 17
    • GoDaddy / Eng gooddaddy
      Oh okay, that makes sense, given that Amazon issues you new shares when your shares vest. I thought other public companies actually go into the market and buy you the shares for your RSU grant, rather than issuing you new shares, especially since your RSU grant on your offer letter is a dollar amount rather than a number of shares. Maybe I'm wrong and they all issue new shares for RSUs?
      Apr 17
    • Cisco / Eng lHMA75
      Other companies also issue new shares when RSU vest. They do share buyback on the side to keep the outstanding shares from going up a lot.
      Apr 17
  • Amazon Nyuioh
    It is good. Top range for L5
    Apr 17 0
  • Microsoft TcqR08
    If rsu is calculated at 1800, the tc comes close to 290k. Very good offer.
    Apr 17 2
    • Samsung Thcr563&@
      But for 3rd and 4th Yr it is close to 400k taking into account 15% stock growth. It isn’t usually how Amazon structure their offer. So wondering if this is an internal offer.
      Apr 17
    • Microsoft TcqR08
      That’s right. I have friends who got amazon offer last month for sde2. Their rsu’s are around 110 units. Definitely this must be an internal transfer or just a bluff.
      Apr 17
  • Facebook Pbuj80
    Base is awesome
    Apr 17 0
  • Microsoft
    wyba qnbab

    Microsoft

    PRE
    Google, Amazon
    wyba qnbabmore
    Wow. This is spectacular
    Apr 17 0
  • Flagged by the community.

  • GoDaddy / Eng gooddaddy
    Much better than my SDE2 offer, but I have 10 less YoE.
    Apr 17 0
  • Amazon / Eng
    yoevstc

    Amazon Eng

    PRE
    Cisco
    yoevstcmore
    I guess u just got downleveled.
    Apr 17 3
    • Amazon nCRU27
      OP
      :(
      Apr 17
    • Microsoft
      wyba qnbab

      Microsoft

      PRE
      Google, Amazon
      wyba qnbabmore
      This is an amazing offer. In line with L6
      Apr 17
    • Amazon / Eng
      yoevstc

      Amazon Eng

      PRE
      Cisco
      yoevstcmore
      It is top of the band sde2 though.!
      Apr 17
  • SAP kimsoo
    Why did I hear that the base in Amazon is 160k the max no matter what position? Did I hear a rumor?
    Apr 17 2
    • Intel restlesss
      I heard this too
      Apr 17
    • Amazon / Eng
      yoevstc

      Amazon Eng

      PRE
      Cisco
      yoevstcmore
      Nop. I ve a higher base than 160k. Maybe in Seattle but definitely not in bay area.
      Apr 17
  • Samsung Thcr563&@
    Congrats! Is this an internal transfer?

    Because your compensation 3rd Yr onward is way more than your year 1 compensation taking into account the Amazon vesting schedule and 15% projected stock growth they take into account while deciding the compensation.
    Apr 17 3
    • GoDaddy / Eng gooddaddy
      I would advise against anyone betting on this 15% growth when comparing multiple offers.

      Rather, I suggest if your offers are close in RSUs, then give Amazon the edge as the stock has a better outlook.
      Apr 17
    • Amazon / Eng
      yoevstc

      Amazon Eng

      PRE
      Cisco
      yoevstcmore
      Does internal transfer get joining bonus for 1st n 2nd year?
      Apr 17
    • Samsung Thcr563&@
      I don’t know. But the numbers don’t make sense over the 4 Yr period. So wanted to get some clarification from op.
      Apr 17
  • Does Amazon give performance bonus?
    Apr 17 1
    • GoDaddy / Eng gooddaddy
      There's no target bonus like at other companies, eg x% of your salary.
      Apr 17
  • American Express bugrama
    This is a bluff if this is new offer and not transfer. 1st year and 3rd year TC should be equal but they are not. Recruiters pretty much use a calculator inside to arrive at the offer numbers which uses the math below

    Rsus 225@1860
    1st year TC is 290k (173+97+225*0.05*1860)
    3rd year TC is 394k (173+225*.4*1.15*1.15*1860)

    I think OP meant $225k (121 units) because then numbers add up and it is 290k TC which is a freaking great offer. I got similar offer in sign up and rsus recently but muck lower base (-23k) for Austin same level and similar yoe.
    Apr 18 0