Amazon Seattle TC clarification
If I’m offered a TC say for example 250K with 100 RSUs then does that mean I should be essentially making 250K every year? I know my base pay will probably be 160K and then I should get cash bonus the first and second year. I also know that after the 4th year I will be 100% vested. So in year five if I sell my 100 RSUs what happens in the beginning of year 5? Do I get another 100 RSUs in year 5? If so then do I have to wait another 4 years before I can cash it all out? Would I get a cash bonus year 5 and 6 as I did in year 1 and 2? If I don’t cash out any RSUs then in year 5 would I still get a 100 RSUs again? Thanks
TC in year 5 and beyond is a combination of your base pay plus any RSU “refreshers” that you may get. Starting in your second year you will get additional RSUs (commonly called refreshers) based on your performance review. Those RSUs have a two year vesting schedule. So from year 5 and on you would have a continuously rolling set of vesting RSUs (unless you get bad reviews but you will probably be fired if that happens!)
If my initial offer started me off with 100 RSUs then in year 5 I won’t necessarily get 100 again. The allocation of RSUs would depend on my review?
And stock price
In years 3 and 4 you'll get new grants for year 5, when they will vest. You won't make 250k in the first 4 years as it will depend on Amazon stock price. So far it was always more, but if you get a grant and a high price and stock crashes you might earn less for a year or two until new grants start vesting
Amazon uses a comp target model, so they make sure that ur target never goes down from one year to the next. Of course ur actual comp might go down due to appreciation if ur actual comp is way above target.
Calculate RSU with 15% increase. Add your base, your sign up and the vested RSU in the second year. That is your total target comp. Company tries to keep it at that level unless you get a promotion.
So every two years you get a 15% increase? What does the math look like if like the poster said the TC is 250k (160 base/50k/50k/100 RSU)?
In your second year you will have 15% RSU vested. In your case you will have 15 RSUs vested. Let, say that when you got the offer 30 day. Average for stock was $1000,- with 15% increase of stock value $1000 would be $1150. To calculate your total target compensation you need to add base plus sign up bonus for the second year plus 15RsU multiples by $1150.
Same question here. Need amazon guys to clarify