CompensationJul 21, 2019
Ciscokhalisi

Refershers at Amazon??

Hi wanted to know how are refershers at AWS offer as they dont have cash bonus per year. What would be average refershers offered per year at L5 level on Bay Area

Amazon bezosboi Jul 21, 2019

What's a refresher

Booking.com ไป†่ก— ๅ†šๅฎถ้Ÿ Jul 21, 2019

Clearly someone is not getting refresher at Amazon. Watch out for PIP.

Amazon i_watevr_i Jul 21, 2019

Or probably he didn't know the term

Amazon goodgumbo Jul 21, 2019

Depends on your performance. Anyway, refreshers already happened this year. Next round is March 2020.

Amazon Yes-man Jul 21, 2019

What would be an average refresher ? 1-2 or 3% ?

Cisco khalisi OP Jul 21, 2019

@goodgumbo is there a rough ball park value that you can think for L5 level?

Amazon ๐Ÿ‰@ Jul 21, 2019

Expect 0 or less than .7% unless you move up a band.

Amazon TDKU11 Jul 21, 2019

Is that on base or total comp? Iโ€™m confused how refreshers work at amazon. Say I make $135k base with a tct of $200k, what happens?

Amazon bezosboi Jul 21, 2019

Base

Amazon ๐Ÿ‰@ Jul 21, 2019

Check out this post! "Pivot (Amazon)" https://us.teamblind.com/s/t7S80XvM

Amazon ๐Ÿ‰@ Jul 21, 2019

Check out this post! "Pivot (Amazon)" https://us.teamblind.com/s/PWKUcEhg

Amazon Northman Jul 21, 2019

Amazon uses a target comp system. Each year, you will get a very modest base salary raise of a percent or so, and if your following year estimated comp is below your target, you get a refresher grant vesting in the following (not current) year and the year after. In practice, for L5/L6 hires in recent years this has meant no refresher grants until your third year (impacting your fifth year comp) or a promotion. A top tier rating moves your target to top of band but this usually doesn't do much until after a promotion since industry hires usually come in high in band. Generally, the stock price increase is considered your raise. ๐Ÿ˜ƒ

Twitch jkley28 Jul 21, 2019

ermagerd refershers