I have received an AWS offer and the recruiter is calculating TC with 15% stock price increase every year. Let’s say first year stock price vest is 3400 then next year stock price vest is at 3900. Is this common in Amazon? Also recruiter told me that if the stock price goes below 3900 after second year, I will get more shares to keep my tc as discussed. Current TC :- 240k
Dont trust the recruiter BS. Use your own judgement.
Amazon bakes in a 15% stock price increase that effectively takes away a 15% yearly gain while claiming that you get RSUs because they want you to be owners. They claim they’ll give you more units if you are below their target compensation range but who knows if that will happen. If you are joining Amazon join with the assumption that there would not be any increase for the first 4 years. Since you are primarily paid in cash for the first two years you have the option to bail if the stock hasn’t grown.
Thinking about it. Thank you for detailed response!
Never buy into future promises especially on offers.
Tell them you will increase your skills by 25% this year so to provide salary on the higher skill set before it has happened.
wohooo
fuck that bs, joined a year and stock fuck up, no compensation at all so don’t believe that
went 7.8% which is pretty good for its already high price. But yeah 1 year you probably got like 1-2 stock vested.
not even 7.8% for me, all depends on when you enroll, my grant price is lower than my signed price, it’s totally a lose for me. and so if the stock don’t appreciate 15%, you don’t get compensate, so just saying don’t get all hyped about recruiter tactic on that 15% bs
Do you have any idea what the average recruiter IQ is? Hint it does not start with a 1.
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It doesn't work like that. Don't trust the 3900 stock price reference. You will get more rsu to keep your tc the same as per 3400 stock price. So basically they will give you more rsu if stock price goes down. If it goes up, forget any other base incentives or rsu's.
Ok I am more concerned about if they will give me more stocks if it goes down. Thanks for clarification.
It’s worth pointing out that we don’t actually know what happens if the stock misses the 15% yoy growth. This hasn’t happened yet but it’s looking very likely for the next cycle. I would not be surprised if they made up the difference in some stupid way like giving you stocks that vest in 2 years.