Amazons Reputation

Aug 2, 2019 131 Comments

Does Amazon care about their reputation at all? Their 401k plan sucks balls, the match is embarrassing, the first thing anybody asks me is “do you get prime free” and I get to respond “no because Jeff Bezos is a cheap fuck”, rumor has it they give older employees negative raises if their stock went up more than expected (I haven’t confirmed this yet but if it’s true it’s fucking crazy)

I have to imagine Amazon’s negative image comes at a cost. I wonder how well theyd be doing if they were viewed by the public as one of the top employers.

Giving all the employees free prime would cost almost nothing and be a good positive conversation point between the public and the employees.

I suspect when the stock starts to struggle they’ll have a lot more trouble retaining people.

TC 240
YOE 4

Taking a pit stop at Amazon before greener pastures.

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TOP 131 Comments
  • Amazon CeoExtra
    Tell me one thing, did you get any offer from any of the other FAANG companies when you joined Amazon?
    Aug 2, 2019 54
    • OP
      Quantish, that’s good to know.

      Yxbekeix, I bet you’ll get pip’ed before I do
      Aug 6, 2019
    • Amazon / Eng quantish
      Yep, only employees making $125k+ and who are in at least their second year count as Highly Compensated Employees. Given then high turnover rate it makes the claw back situation even more ridiculous as this puts a lot of people who are paid enough to be HCEs in the non-HCE cohort their first year and we still fail the discrimination test.
      Aug 6, 2019
  • A lot of folks here had massive TC jumps when Amazon’s stock went through the roof.

    But for newcomers, it’s unclear what that jump will look like. If it’ll even happen anytime soon.

    In similar circumstances, most companies would hemorrhage talent in the near future, their product quality will start to suck, and they’ll get stuck with B-player politics and bureaucracy.

    But I think that Bezos and his VPs will realize this and prevent this from happening well before it results in any business loss. They’ll up their employee TC and benefits before they lose any money whatsoever. There’s a reason why they’re Amazon, after all.
    Aug 3, 2019 13
    • Amazon / Eng 💲|| 👋👉
      25 billion annual revenue does not make it a 25 bil company.
      Aug 6, 2019
    • Amazon pMWj71
      Read "For the ignorant folks who think AWS is carrying Amazon, here are the numbers. AWS is a 25 billion business with huge profits.". Didn't say it's a 25b company. Annual revenue of retail by comparison is orders of magnitude more
      Aug 6, 2019
  • Amazon / Eng
    UTukMyJerb

    Amazon Eng

    PRE
    Electronic Arts (EA)
    UTukMyJerbmore
    Yes, benefits do suck and timing your employment at Amazon is a huge factor. I was lucky to join 6 years ago but feel bad for anyone who chooses to join now, especially if they are not getting a TC bump.
    Aug 3, 2019 6
    • Amazon amznanon
      Based off of your usage there, I don't think you actually understand the law of large numbers
      Aug 5, 2019
    • Google topCon
      Wow, you make a lot of sense. Too many 🍌?
      Aug 6, 2019
  • New vhpR18
    All I know is that warehouse workers there routinely try to commit suicide by jumping off of multi-story storage units/levels. Sounds like a grade-A company if you ask me.
    Aug 3, 2019 6
    • Amazon ishome
      $15/hr is a competitive rate for those jobs
      Aug 5, 2019
    • Amazon / Ops laggayi
      Wow
      Aug 5, 2019
  • Amazon / Eng KTUv41
    How long have you been at Amazon?
    Aug 2, 2019 6
    • Amazon RyQy08
      What is the 401k limitation for HCE?
      Aug 5, 2019
    • OP
      I’ve heard 15k. It probably changes every year. Contribute the max and wait to see what gets returned
      Aug 5, 2019
  • Amazon OfSH26
    To answer your question, no. They don’t care because they don’t have to. When one of the widest read newspapers globally publishes a damning expose on the unmatched brutality of your work culture, and all the world’s top talent still wants to work there after reading it, what’s the point in consuming precious HR resources to change? Bezos built Amazon to be exactly what it is. When the company’s leadership has tried in the past to “humanize” our workplace, he personally intervened to stop it. Read Brad Stone’s book “The Everything Store” to understand how mistreatment of employees is coded into Amazon’s DNA. As long as shareholders are happy and our crappy echoes keep flying off the warehouse shelves, no one gives a rat’s a** about our reputation.
    Aug 5, 2019 2
    • OP
      That’s a damn good answer
      Aug 5, 2019
    • Amazon Lollol
      So much Kool aid flowing here that it’s not even funny.
      Aug 5, 2019
  • Amazon ishome
    The 401k plan issues are entirely because of the 500,000 people who work in warehouses and do not contribute. That results in the plan failing the IRS fairness test which is why most of us get part of our contributions returned every year.

    You could selfishly say that Amazon should divert payroll for low income workers to automatic 401k contribution, creating a "safe harbor", just so YOU could get a tax deduction. In that case we could also expand the match and even allow after tax contributions.

    But that's just selfish because in the 15% tax bracket, or 0% bracket, that most of our warehouse workers are in the 401k has NO tax benefit and simply locks up money they would rather have deposited in their checking account to spend on basic needs.
    Aug 5, 2019 0
  • Amazon / Design !!hotdog
    How seriously do you take leadership? If you take it seriously, lots of things about Amazon will quickly make sense. If you don’t care, it won’t make sense, and you’ll leave for a better opportunity or more pay. Either way is fine, there isn’t a right or better answer here.

    Amazon figured out something: there’s more to career than money. Time was, lots of people who went to Amazon didn’t get offers elsewhere, for whatever reason. Then Amazon gave them inordinate amounts of responsibility and opportunity, and now they could get an offer anywhere yet choose to stay because the way the place works is fantastic for certain mindsets.

    Yes, TC matters. But it’s not the only thing and Amazon recognizes that.
    Aug 5, 2019 4
    • Amazon splswsk
      this should mean ex-AMZN should be good entrepreneurs right, not sure if that holds up in practice vs others
      Aug 5, 2019
    • Amazon / Design !!hotdog
      You don’t see many ex-Amazon founders because Amazon provides plenty of opportunity for entrepreneurship within it. Again, they’re calculating that many people aren’t all that motivated by money and are more interested in challenges.

      Also, working at Amazon doesn’t necessarily make you good at raising funds from fickle VC’s, or any of the other nuanced, difficult things that go into launching a company.
      Aug 6, 2019
  • Amazon protonn
    The answer lies in ur qn. So you are taking a pitstop at Amazon. That is exactly the kind of people they want to hire in majority. The very good ones will be offered more to stay, the rest will be removed from the queue automatically by the lack of perks/pay stagnation/pips etc. I see it as an efficient factory system if you consider devs as resources (and not humans). Obviously I don't support this. I'm merely pointing out what it is.
    Aug 5, 2019 2
    • OP
      I didn’t realize this was so widely understood. When their stock stops growing I think it’ll bite them in the ass.
      Aug 5, 2019
    • Amazon Djdhdyxhd
      If you look at how much the tc is for each year then it's best for amazon if you show up, hang around for two or three years and then leave.

      They don't pay out the bulk of the RSUs and don't pay out on the 401k.

      There's always a stream of new meat for the grinder so they don't care. Until hiring becomes too difficult then nothing will get any better. The current system is working just fine for the company.
      Aug 7, 2019
  • Amazon flNV61
    > ...rumor has it they give older employees negative raises if their stock went up more than expected (I haven’t confirmed this yet but if it’s true it’s fucking crazy)

    It's not true.

    Thanks for bothering to verify before spreading something unsubstantiated in public. Sorry to hear you're unhappy. Maybe you should move on sooner than later.
    Aug 5, 2019 0

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