Negotiating offer with recruiter currently. Saw some conflicting blind posts, does AMZN offer refreshers in the 1st year performance review? (I think they vest in my 3rd year if offered in 1st year) I will start in September, any chance I could be eligible for refreshers in the review cycle in Q1 2022 based on performance or do I need to wait till 2023? And any guidance on what the refreshers look like? (Ex: 20% bump in TC for an average performer vs. 40% bump in TC for Top Tier) Current TC: 120-148k (LCOL, 8.5 yrs Exp., variable comp is upto 24% but we almost never hit the max) Offered TC: 190k (Sr. Prod. Mgr non-Tech L6 Seattle) Anyone who wants to make a pip/bananas joke, do it with your TC in the comment
That’s not correct. Your two-year comp target gets reassessed every year. As long as you aren’t a low performer, you can expect your TC to be constant (it will show a drop on year 3/4, but continues to get updated annually, so you’ll never actually drop to that level).
Typically your starting TC would be the highest you get( not considering potential stock appreciation in 3rd and 4th years). Whatever your offer letter states that is pretty much the locked down comp for 4 years. If you are already ar 160k base then you can forget any increases.
Basically, no. You are only given shares if you're missing shares 2 years out. So let's say you sign an offer now so your 4 year contract goes from August 2021 - August 2025. Amazon's compensation year is from April-March, so you won't get more shares unless your Apr 2025-March2026 compensation year is lacking shares. That means they won't even look at the 2025 compensation year until 2023.
WOW, **** The recruiter was bsing, I was asking for an increase to bring TC to ~220k (I thought was reasonable considering my current TC, skills, new role, etc.). HR said they'd do refreshers based on performance every year and not to worry about starting TC. Thanks gVSV67
Now what's the point in being Top tier then? Wouldn't it work fine for me if I was just an average/above-avg. performer (not fall in PIP risk)?