I think amazons 401k takes 3 years to vest? Do parts of it vest each year or is it all or nothing?
Talk to your HR rep. Mine takes 5 year to reach 100% fully vested. And my company gives contributes 6% of my salary. They contribute the full 6% but I keep 20% and they take the rest the rest if I leave the 1st year. I keep 40% the 2nd year.. Etc..
Probably all or nothing
If you leave before 3 years* you get none of the Amazon match. If you leave after 3 years you get all of it. *"3 years" can be as low as 2.2 years for some weird reasons depending on when you join.
How does that 2.2 year math work? Can you shed some light on the 2.2 year scenario
You're hired in June of year one. The rest of that year counts as 1 year because you worked some magic number of weeks/days. Your second year counts as 1 year. On third year by July or August you again teach that magic number of work weeks, and now you're vested. I don't know what's the logic here and why they do this. Look up details on inside. though the policy is written in somewhat confusing way.
What happens if work for 1st year in a different country and move to US 2nd year. Does Amazon also count first year in a different location in their vesting calculation ?
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Isn’t it just their contribution that takes time to vest?
Ye I'm wondering if it's all or nothing or if it vests yearly?