Is it worth sticking to Amazon with the way they reward you for your performance?
Been with the company for 4+ years and it's getting worse each year I extend with the company. With the stock price fluctuations these days, I'm not sure if it would be rewarding to stay any longer for such competitively low TC.
I just got promoted to L6 after my stint in the TPM role for 2 years (was an SDE before) and only got 20 stocks that vests in 2020 along with the standard 10% rise. Forward looking TC for 2018 is only $210K for a L6, which I feel is much lower than our competitors. Google and FB seems to pay at least 300K for an L6 TPM along with yearly stock refreshes and bonuses.
In order to progress in my career, I would like to take the SDM role as a next step using the experience I gained so far in engineering and management roles. It may take a year or so to get there if I stay with Amazon.
The biggest dilemma is to whether stick with the Amazon for such low TC for the sake of career progression OR walkout & boomerang to Amazon with a higher comp in a year and climb up the ladder to SDM. This means I would give up my sparingly low stocks which would get vested in next 2 years and 401K company contributions.
From many blind posts, I feel that its it's pretty tough to get into SDM roles outside of Amazon in FAANG companies or equivalents. So, I am thinking of coming back to Amazon to climb up the career ladder.
Should I stay or leave? Appreciate any advise on next step you would take if you were in my shoes.
If you recommend to stay, I appreciate if you could share the reasoning behind it.