Comment on Unpacking Amazon's stealthy mass layoff strategy in Seattle

<- View Parent
chaospatterns@lemmy.world ⁨1⁩ ⁨year⁩ ago

Amazon corporate employees get RSUs which are stocks, not options. After the new hire RSUs go away, you end up with two vest dates a year and new comp offerings start the following year (so in 2024 you’ll see new money in 2025 plus a small base salary bump that goes in effect that month).

Tech salaries are frequently stock based, but Amazon’s is unusual in that it’s only twice a year, and bumps start the following year, and they recently made the change to do 2 year offers instead of 3 years.

source
Sort:hotnewtop