YOE: 13 Base: 173K Bonus: 97K + 75K RSU: 225 over 4 years Is this offer good? Or should I ask for more?
Much better than my SDE2 offer, but I have 10 less YoE.
Wow. This is spectacular
Stock of 225k for 13yoe sounds low. Would have expected around 300k+. What does 97+75 for bonus mean?
I think he means 225 stocks so multiply it by current stock price $1865 which gives him $400k+ over four years. In the first year he gets $97k and in second year he will get $75k.
Yup, he most probably means 225 units. That's how it's specified in the over letter. Ujar if you aren't familiar with Amazon offers, the vesting cycle for RSUs is 5/15/40/40. So in the first 2 years, since you're not getting much stock, you get a "signing bonus" instead, to bring you up to your target TC. The signing bonus in the first year is more than the second year because you get more stock in the second year.
Does Amazon give performance bonus?
There's no target bonus like at other companies, eg x% of your salary.
I guess u just got downleveled.
Base is awesome
Congrats! Is this an internal transfer? Because your compensation 3rd Yr onward is way more than your year 1 compensation taking into account the Amazon vesting schedule and 15% projected stock growth they take into account while deciding the compensation.
I would advise against anyone betting on this 15% growth when comparing multiple offers. Rather, I suggest if your offers are close in RSUs, then give Amazon the edge as the stock has a better outlook.
Does internal transfer get joining bonus for 1st n 2nd year?
If rsu is calculated at 1800, the tc comes close to 290k. Very good offer.
But for 3rd and 4th Yr it is close to 400k taking into account 15% stock growth. It isn’t usually how Amazon structure their offer. So wondering if this is an internal offer.
That’s right. I have friends who got amazon offer last month for sde2. Their rsu’s are around 110 units. Definitely this must be an internal transfer or just a bluff.
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It is good. Top range for L5