Amazon presents 4yrs comp in an offer. I was surprised to see how they consider stock values. Starting from 2nd year, one get a good amount vested in AMZ Stocks. However, the stock value AMZ considers is actually 100+15% of current value, in 3rd yr stock value they again consider a growth of 15% which becomes around 33% and then 4th year, it will be huge. I understand that one may benefit if AMZ stocks will do skyrocketing but expecting 33% growth in 3rd yr and so on is sensible to you? Will you accept such an offer and will leave in 2.5 yrs? Or work lifelong in AMZ?
Don't make decision based on fluff recruiter is selling.
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Now I started investing I feel Amazon stock is a big risk. A small recession could crush it hard by 1k dollars easily in the shortest time possible.
Well I think itâs a big opportunity. So many growth areas and a massive TAM. Could easily go up another 1k in the shortest time possible. I guess thatâs what makes markets.
Itâs bullshit nothing goes up forever , it may go up but donât expect it to
The S&P 500 has gone up 10% annually forever
But not every year , itâs stupid to factor in 15% as part of salary . Donât count your chicken before they hatch đŁ
They keep a carrot over your head, and after 4 years people drop like flies that is, if they make it that long.
Your 4th year at Amazon is huge because you have your new hire grant plus a couple of years of bonus grants vesting in the same year. But beware, it's a brutal ride to get there.
Bahahaha amazing. You are gonna be so rich! 100% guaranteed.
Op, this post will give you insight to refreshers as well [Blind] Check out this post! How ârefreshersâ work at Amazon (Compensation) https://us.teamblind.com/s/pVJmPiL4
Thanks topCon. Very helpful. Seems that switching after 2.5 yrs or around is beneficial
If the stock doesnât perform at that level you are given additional stock to help you get to your target compensation. In other words, your downside is capped if the stock goes down (but your upside is uncapped, as is standard with stock compensation).
In a year, one will also go through review cycle and base will increase. Is that raise considered as well before giving additional stocks to compensate for losses in stocks?
Each year looking forward you will have a total compensation target. If your target is not being satisfied by your base + signing + stock vest, then you will be topped off and compensated with additional stock grants.
Counting on a stock rising in such a short time frame seems like accounting magic to me. No stock is guaranteed to go in a specific direction in such a specific time frame.
I think that Amazon still thinks that it will continue with the growth they had in the past.
I think your recruiter wants you to think they will continue growth. Please donât conflate.
Average tenure of an Amazonian is 1.2 years
Where did you get this?
My teammates are 50% AMZN survivors :)