Would you move from Microsoft to Amazon?
Poll provided.
Major differences in benefits (Amzn employees feel free to correct in comments):
- Microsoft has better health insurance coverage and lower maximum out of pocket payments. Around $3k less for a family.
- Amazon requires employees to pay a premium for health insurance (around $400 a month for families) while it's free at Microsoft. That's $5k a year.
- Microsoft contributes $9750 to 401(K), $2500 to HSA and provides $800 for buying fitness equipment. Amazon has neither (there's a 401K match but it's shit, effectively 1k a year vests).
- Microsoft's ESPP provides an extra $2500 each year.
- Microsoft's mega backdoor Roth contributions are far larger ($25k more). My calculated impact of this is around $7k a year.
- There's other smaller perks I'll skip here. I'll also skip lifestyle improvements and better work-life balance.
Total monetary impact of benefits: $28k per year.
comments
I work 40hrs , good wlb and interesting product.
Whatever I don’t get in benefits I get in tc ...
So what then?