MSFT usually have 1 year initial vesting - meaning after 1 year you get 25% (and nothin before that) and then it vests linearly for the next 3 years with 3 month periods
FB starts vesting after your first 3 months! and continue linearly - pretty amazing, right?
but Amazon, if you don’t stay there for three years, you loose pretty much most of the stocks
why is that? pure evil? any other explanation than trying to lock you in?
didn’t know this until recently got an offer from Amazon, then the hiring manager danced around it
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It's too late for that massive stock boom to reoccur, the one that did the last few years. I'm sure price will remain relatively stable in the next few years
That's the case with all the companies except those that give guaranteed refreshers every year
It's best to leave unless you see promotion coming soon
Amazon compensates less stock grants by giving joining bonus (paid monthly). It is better for employees in cases when when they leave just before vesting time
Say TC is 200k with base 100k
At Amazon, this might be a possible cash vs stock split for 4 years (these are not correct numbers, used just for representation's sake)
Cash: 100k 50k 0 0
Stock: 0 50k 100k 100k
Microsoft:
Stock: 100k 100k 100k 100k
Total non-base comp is still 100k even though Amazon stock doesn't vest much after first year.
bad trolling attempt you obviously don’t have an offer.
it’s not evil, it’s better than MS because there is no first year cliff
Flagged by the community.
Pretty much.