A lot of preconceived beliefs about Amazon. Which ones do you believe that prevent you from working there?
Multi-selection. Choose 3 only please.
Want to see the real deal?
More inside scoop? View in App
More inside scoop? View in App
blind
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
FOLLOWING
Industries
Job Groups
- Software Engineering
- Product Management
- Information Technology
- Data Science & Analytics
- Management Consulting
- Hardware Engineering
- Design
- Sales
- Security
- Investment Banking & Sell Side
- Marketing
- Private Equity & Buy Side
- Corporate Finance
- Supply Chain
- Business Development
- Human Resources
- Operations
- Legal
- Admin
- Customer Service
- Communications
Return to Office
Work From Home
COVID-19
Layoffs
Investments & Money
Work Visa
Housing
Referrals
Job Openings
Startups
Office Life
Mental Health
HR Issues
Blockchain & Crypto
Fitness & Nutrition
Travel
Health Care & Insurance
Tax
Hobbies & Entertainment
Working Parents
Food & Dining
IPO
Side Jobs
Show more
SUPPORT
FOLLOW US
DOWNLOAD THE APP:
comments
- their signing bonus isn’t really signing bonus like any other company
- they assume 15% stock growth YoY when calculating total comp. I bet your Google offer looks great if you apply the same technique too
- at the same time, they don’t discount their 2nd year signing bonus. It’s a fixed amount and money loses value overtime. Well play from their side.
- although their stock is doing well, it doesn’t mean anything if you can’t vest it. Waiting for 3rd year to vest is hard. If you can wait, you may already miss many better opportunities. It comes with a big hidden cost.
- no bonus if their stock goes up. Most people grow professionally in 3-4 years and they usually get more rewards as a result. Not the case at Amazon. It’s another hidden cost.
You would be better working somewhere else and buying their stock. You can cash out your profit as soon as you want too
My conclusions:
- still don't prefer TTC philosophy, don't think that's ever going to change.
- not as good as fb/g structure if you only expect stock to go up, and if competing company's stock price rise the same percentage (whole other story if you think it'll massively outperform fb/g)
- good for people that want downside protection from highly volatile stock. Year one mitigates 80% stock risk, Year 2 mitigates 40% stock risk. This reverses Year 3.
- good for people who's role usually does not receive large sign on bonus. Bad for the reverse if not able to negotiate true sign on.
- tenure at company is as variable as stock performance for the individual TC.