Comment on Amazon tech workers leaving for other jobs in response to return to office mandate
phoneymouse@lemmy.world 1 month agoYeah and they have an average tenure of like 1.2 years, but their stock vesting schedule gives you 5% in year one, then 15%, 40%, and 40%. So you’re pretty likely to never get whatever carrot they dangle in front of you.
dan@upvote.au 1 month ago
Their strange stock vesting schedule makes me think that they’re aware that people won’t actually want to stay for four years. A back-loaded vesting schedule never benefits the employee, only the employer.
Other companies usually have an even schedule, for example Meta vests 6.25% per quarter (i.e. 25% per year but you get it quarterly instead of yearly). Google is an outlier too, but they do the opposite of what Amazon does - 33% in year one, then 33%, 22% and 12%.