Amazon annual rewards

Microsoft UEMF47
Aug 17, 2018 18 Comments

How do annual rewards look for Amazon? Is in cash, stock or both? Planning to move from Microsoft to Amazon soon, thanks.

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TOP 18 Comments
  • Apple / Eng cho Chang
    No cash bonuses lol (apart from signing). Annual performance based comp adjustments are purely base raises and RSUs.

    Also u wouldn’t be eligible for RSU refreshers during ur first review cycle; u would have to wait until ur second year.
    Aug 17, 2018 6
    • Yahoo cmz700
      My friends in Seattle getting 105 to 130 bump
      They joined as ncgs
      Aug 17, 2018
    • Apple / Eng cho Chang
      Did they get promoted from SDE1 to SDE2?
      Aug 17, 2018
    • Yahoo cmz700
      Yes after promo
      Aug 17, 2018
    • Microsoft UEMF47
      OP
      Ncgs??
      Aug 17, 2018
    • Apple / Eng cho Chang
      New college grads
      Aug 17, 2018
  • Facebook public
    You are penalized for stock appreciation.
    Aug 17, 2018 1
    • Amazon
      \°_°/

      Amazon

      PRE
      Electronic Arts, Google, Nokia, Citrix Systems, Cisco
      \°_°/more
      Absolutely true.
      Aug 17, 2018
  • Apple / Eng cho Chang
    Also base is capped at 160k in Seattle, so u won’t get any base raises beyond that.
    Aug 17, 2018 0
  • Google / Eng
    Shaktiman’

    Google Eng

    PRE
    Amazon
    Shaktiman’more
    There is no cash bonus, only rsus that will start vesting 1-2 years later from grant date, until another 1-2 years.

    If stock price has increased recently, that would be accounted for in your comp calculations.

    For most folks, its 1-5% base raise, and no stocks.
    Aug 17, 2018 0
  • Amazon
    \°_°/

    Amazon

    PRE
    Electronic Arts, Google, Nokia, Citrix Systems, Cisco
    \°_°/more
    With the current prices, managers basically tell employees that they are already over the max comp for their band, so they cannot offer much. All L5s on my team that were eligible got between 0-4 RSU. That's a frikkin insult :-)
    I wasn't eligible as it was my first review cycle.
    Aug 17, 2018 0
  • Microsoft / Eng VlCX25
    Why do people stay at Amazon then? If they make it to year 5, do they get refreshers then?
    Aug 17, 2018 4
    • Amazon
      \°_°/

      Amazon

      PRE
      Electronic Arts, Google, Nokia, Citrix Systems, Cisco
      \°_°/more
      I guess we'll have to watch this over next couple of years. Lot of people who made it to year 5 now have enjoyed significant TC growth thanks to the stock price. Also, when the stock wasn't hight enough 3 years ago that they got 0 refreshers.
      Aug 17, 2018
    • Amazon moonplaner
      From year 5 there are basically guaranteed refreshers unless you have performance issues. But due to stock growth, most employees don't see extra stocks for the first 4 years as they are already overpaid so Amazon doesn't want them to be even more overpaid.
      Aug 18, 2018
    • Microsoft / Eng VlCX25
      How large are these refreshers?
      Aug 18, 2018
    • Amazon moonplaner
      Large enough to keep your TC within the band for your role, level and rating.
      Aug 18, 2018
  • Amazon Xode
    Even outside of NYC 160-185K is max base which is peanuts in today's market and most if the lateral hire have that much base already.
    Aug 17, 2018 0