Lowball promotion
I currently work at Amazon. I had an off-cycle promotion last year, SDE L5 to L6. I got a base increase of 10% and no additional shares. Last year as an SDE2 I was earning around 250k total comp, this year after my promotion I will earn around 225k due to the drop in stock price, and the fact that I have less shares vesting this year than I had last. I have 9 years of experience in cloud computing at AWS. As far as performance ratings go I always rated exceeds (up until they stopped showing your rating in peopleportal). So right now they are giving me more work, more responsibility, more ambiguous projects, but less pay. Doesn't feel like a good deal and I am thinking about changing companies. I have no idea what the salary band is for L6 SDE at Amazon, but I feel like I am either at the bottom end, or below that. Could someone please let me know what total comp I should be aiming for should I start looking around for better options, and what is the L6 salary band really - I don't think that I can trust my manager.
Start LCing. Sounds like a meat shop
Come over to Snap and make 500k
If Snap or you still exists in next few years. Most likely company will go down or most likely you will go down (lay off)
I don’t really care about job security.
When you get promoted you get placed at the bottom of the band for the next level. That I’ve heard is around 220, so you are being paid correctly. You were just super over paid for an l5 previously
For 9 yoe he wasn’t super overpaid. The only way out of this is to jump ship or through dive and save.
That can't possibly be right, why the hell would people try to get promoted or do better if they're taking a pay cut? Where's the incentive?
Keep making the richest man richer, so he can give away half and still have more than enough money to spend on mistress.
You should be close to 300k. It's super not okay for you to be promoted and have a lower comp this year than last. Most good managers would see this as a huge risk and be trying to fix it asap, otherwise you will leave or become dissatisfied and unmotivated. I don't know much about Amazon's pay structure, but from what I hear about the stocks - they give smaller bonuses and salary when stocks are up so they should pad you when it's down. If I were in your shoes, I would (in order): 1) talk to manager in next 1:1 and express your concerns about the comp drop despite exceeding expectations and being promoted 2) start interviewing if they manager makes no attempt to fix
Yeah I was pretty shocked to have to accept a pay cut myself. I'll have a chat with my manager about this, to be honest it has kind of crushed my motivation somewhat. I'm kind of doubtful that this is something that they will fix without intervention. Its just kind of a pain in the balls to have to look for a new job because I found my leadership team quite pleasant to work with.
Try and fix it first, compensation is a relatively easy problem to solve and assuming they want you they should be willing to fix this. Just put some pressure on and hope for the best, sounds like you like your job so I hope you don't have to go somewhere else
Get out of Amazon, don’t tolerant this unfair tactic from a greedy employer
The only way to get more at this point is to tell them early (way before next review cycle) and have some offers in hand. Otherwise, they won't do anything.
Has your all experience been at Amazon? For 9 years at Amazon, this sounds super low. I am not trying to criticize anything or anybody but it sure is surprising that sticking with the company doesnt pay much. Everybody i know at Amazon for > 5 years seems to be well off in terms of compensation
Yup, got in at Amazon as a college hire. Its only recent that I started speaking to people about salary. I was always told that we were not allowed to talk about it. That only happened because I became close with my Chinese and Indian friends who have no shame in talking about salaries.
Did u move from other country? Your compensation is super low if u always are exceeds
Same situation. My target went up but due to the stock fall it won't even hit what they consider to be the "minimum comp" for L6. The problem is Amazon "builds in 1 year of risk" to their comp so you won't get shit this year. So they won't give you extra when the stock goes up, and they won't give you more when the stock goes down within that year. So... :( Definitely sucks. I've heard of random things managers can do to help make it right. But we'll see. Definitely a slap in the face after being promoted. I guess I'm just planning to coast for a while since there's no real incentive...
Could we get your figures too as datapoints, if possible?
Sure... My target last year was 225k or so, and I actually made about 300k. This year my target is about 270k and at the current stock price I'll make 235k or so. I'm not terribly annoyed with the actual income, just the lack of incentive for actually being promoted.
🌲50