Amazon doesn’t give refreshers?

New
techyogi

New

techyogi
Apr 28, 2018 20 Comments

Heard from a friend that if you are over your comp target due to stock appreciation you don’t get any refreshers? True? If so, do you take a big pay cut after 4 yrs?

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TOP 20 Comments
  • Amazon
    onky4j

    Go to company page Amazon

    onky4j
    I got a kind of pay cut. My next two year comp is going to remain same as that of this year. I am taking in account 15% stock price increase in this when I say the salary for next years are same as that of this year. Funny thing is that Amazon did not worry about inflation as well :) and 15% bump on 1500 stock value is anyway super aspirational. I can see lot of senior engineers making a move out of Amazon because of this BS
    Apr 28, 2018 7
    • Amazon
      adrift

      Go to company page Amazon

      adrift
      If there’s a serious dip, and you are not thrown out, they might make adjustment.

      If small deep (like 20-40%) they may not, considering that most of us are probably already way above our comp and such dip will bring it back near target.
      Apr 28, 2018
    • Twitch
      Meowmeowa

      Go to company page Twitch

      Meowmeowa
      If there's a serious dip I bet they'll give us refreshers that vest in two years
      Apr 29, 2018
  • Amazon / Eng
    Zunio

    Go to company page Amazon Eng

    Zunio
    Amazon will try hit a target comp, 4th year is no different
    Apr 28, 2018 5
    • Amazon
      adrift

      Go to company page Amazon

      adrift
      Exact mechanic is they will give you more if they have to, to maintain your target level. If they don’t that means they’re signaling you need to leave.

      Having said that, you can make less than a previous year if it was way above your previous target comp because of stock growth.

      @Zunio
      Yes we should view it as being over-paid in the prev year, but since it’s because of market, everything becomes more expensive, especially if you’re trying to buy a home. Those realtors kind of adjust the local market based on AMZN, and you’ll be lured to be optimistic and buy at their high price. Later when your comp will go down it will bite.
      Apr 28, 2018
    • Amazon / Eng
      Zunio

      Go to company page Amazon Eng

      Zunio
      Don’t buy a house then....
      Apr 28, 2018
  • Twitch
    Twitch

    Go to company page Twitch

    Twitch
    If stock is rising, you don't get any new RSUs for first 4 years...
    Apr 28, 2018 4
  • Amazon
    jeeef

    Go to company page Amazon

    jeeef
    I was promised refreshers from recruiting and from my manager who is not longer here. This year? Nope. Amazon says I made too much off stock already.
    Feb 26, 2019 0