I am interviewing with Amazon and trying to weigh their compensation vs my current pay. I am in a secondary market significantly cheaper than Seattle and the Senior Financial Analyst role with Amazon is in Nashville. I am a Finance Manager and my current compensation is ~$130k (base + bonus). I have an MBA with ~6 years experience A few questions: 1. Is asking for $150-160k TC realistic in a secondary market? 2. Is $120k base pay for a senior financial analyst realistic? 3. For those at companies with similar pay structures to Amazon, what happens to your pay after the 4 years and both your sign-on bonus and RSUs are vested? Does your TC reduce significantly? I assume the sign-on and large allocation of RSUs are a 1 time deal? Thanks for the help!
Anything over $150k TC is a solid offer for an SFA, of which the base would be around $115k. Don’t worry about the 4 year cliff, just get yourself promoted within that timeframe, which is realistic
Oh and the only reason comp drops so much in year 5 is that your are still on your initial RSU grant, which in theory has appreciated by 45% by that point. You will get refreshers that keep you around your initial TC range when you started, provided you don’t get promoted first.
I’d be looking at other companies to build a career if you’re still in the SFA category, unless you enjoy wrestling with really crappy tools for really cranky VPs.
Based on your current salary and experience, it makes sense to ask for Finance Manager role and ask compensation of $175 to $200K. The difference between the two roles is subjective and I have seen two people with same profiles - one got hired as SFA and other as FM. Former always regretted not negotiating hard enough. Why would you move for just 12% hike anyway and take so much work stress?
1. Yes that is the realistic range in Seattle and would be same everywhere else 2. It is on higher side at Amazon for SFA role but you can ask for it 3. Most of your salary in year 3 and 4 comes from stock appreciation and depends on where the stock price is, you will see a cliff at end of year 4. People report as much as 40% drop in total compensation in yr 5 vs year 4