PCS - Sr. Dev(L6)/Seattle
Considering stock value to be 1550 I am going to make a total of 300k this year. I am yet to get my revised compensation for this year. Any clues on what I should expect? With 10+ years of experience and similar profile like mine how much are you guys making?
I love when people set a future stock value and say "I am going to make...". That's a quick road to disappointment. Let's just hope next fiscal cycle it remains above $1000. Even at $500 it would still be the most inflated P/E ratio in FAANG! Worry less about "what you ARE going to make" and just work towards promotion.
I joined 24 months ago when the stock was about $600. Amazon projected my 4th year vested stock at $750. It's year two and pushing $1500. People can make assumptions of growth but can't expect it to more than double every two years. That's why there are all these prognosticators complaining they will make less in outer years when in reality they have already made much more than Amazon ever intended them to make thanks to the stock. You can assume some growth but should also plan for the day when the bottom might fall out because I think it's coming sooner than many people think.
Amazon is not optimized by PE ratio, you are looking at the wrong metric. Take a look at the annual letter to investor.
Did you join or get promoted recently? When i was there, my new L6 comp target was 275k, but stock has doubled since then. Which would have pushed it to the 400k range at today's stock price. Anyways, I don't think you'll get anything new this year unless you got promoted.
I got promoted mid last year with almost negligible change in compensation. I don’t think that I will be promoted in immediate future.
You probably aren’t getting additional RSUs for the next two years.