AWS offer - Can I ask them to reevaluate after stock value drop
Hi, I signed my AWS offer a couple months ago and I don’t start until August. I was granted 121 shares @ 3k per share over 4 years. Stock is almost less than 2k per share right now and I haven’t even started working there. Can I renegotiate the stock options now? Or would it look bad? 250k
You can ask but others have posted that they tried and failed
Can you point me to some of these posts if possible
No. What if it increased to 4k and Amazon asked to reevaluate the offer. How would you feel?
Agreed. That’s why wanted an opinion. Also since I haven’t started yet, and having multiple offers (which I have now rejected) I wanted to see if I have any chance of getting a better deal.
You can walk away, and get another offer
If companies can rescind offer you can ghost them and not show up
420tc for sde2 seems like a great deal. You’re first two years aren’t impacted much so if you don’t stay for year 3/4 it won’t matter much.
New hire grant is the most important grant. Negotiate.
It does not work like that. As far as I know vesting only happens after you start and usually up to 3 months after you start. In other words, you have no gains nor losses yet.
Wrong. Amazon does not work this way. They grant you # of stocks at the time you sign the offer unfortunately.
My mistake apologies - for those who don’t know, Tesla does as I described. Thank you !
I think your best bet is to walk away if you have your current job and haven't given notice, in these economic circumstances it's not unusual, and you can probably try again without being blacklisted if your excuse is good enough? Companies are rescinding offers also, what even guarantees your new job is still there by then? Things I'm sure you've already thought about...
I don’t understand this advice. Why would I walk away. My first 2 years is mostly cash compensation which is way more than what I make right now. Unless they rescind the offer, which I don’t think AWS will, there’s no sense to not join them.
I see, so how do you expect to negotiate RSUs? What incentive would they have to give you another stock grant? Doesn't hurt to ask but I don't see it happening if there is no leverage to use
That depends, did they say you will get 121 shares or you’ll get 121xPrice per share in value? Because I’ve never heard of offers given out where they say you get X number of shares, it’s always a dollar amount and number of shares is calculated the day you join for that price.
Yea same but not here. May be more AWS folks can comment. But I know it’s the # of shares. Not the # of shares for a particular dollar amount.
Ex-Amazonian here. I had number of shares written in my offer letter. Not the $ amount that will be changed to number of RSUs letter depending upon average stock price of anything. So I think OP is right, they also must be having 121 shares in offer letter. Value doesn’t matter.
Can you breakdown the offer
420k TC per year. 1st and 2nd year heavy sign ons to get to the TC. 3rd and 4th year heavy on stocks. 220k base. SDE 2.
Yoe?