Amazon Comp?
I’ve been at amazon for 2 years in HR and am considering another tech company. This recent raise cycle, I was told that because stock out performed expectations, I wouldn’t see a raise. Even with getting promoted, I’m hearing rumors that you don’t see more than 10% growth in a year. Is this true?
What raise? 1%-2% Every year?
Yup. Comp factors in signing bonus, if you still have one, and stock, including unvested RSUs. So if stock continues to grow, you won’t see any annual increase, and may only see a marginal one with a promotion.
That thing happened with me last year when I got promoted. Got 0% raise because of the same reason. When I refused to accept the perf result, my manager promised to override base increase to 10%. I confirmed at that time that managers do have power to override your base increase to max 10%. And you know what, override never happened. He said that VP rejected the override. One of the good things about Google is system only shows the your compensation of the current year to your manager.
I heard Amazon HR believes that Amazon pay is on par with other big companies.. I highly doubt Amazon HR's perception when I see Google/Apple/FB/Uber ppl post their total comp on blind.. Amazon is not even close..
Not even close? That's not true.
It’s not even close. Stop drinking the kool aid at amazon. Shitty 401k, no wlb, no raise, no annual bonus, no perks etc. I don’t know why people consider amazon a top tier company. My current workplace gives way more than amazon.
I feel like if stock out performs you should get a bigger raise...
Right?! I will never understand Amazon's compensation philosophy.