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Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

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Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#401
post #267

Here is an offer for someone with 5 years of experience in San Francisco: Base 180k Sign on 80k over two years 189 RSU over four years with 5-15-40-50% vesting schedule.

Is that 189K RSU?

No, that would be too good! 189 shares

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#402

Earlier quoted context omitted.

I have been asked for proof of current salary (paycheck stubs, etc.) to be included with all my onboarding and HR forms when the current salary formed a basis for my new salary, FYI.

That is none of their business and you should not feel bad about saying no.

[deleted]

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#403

Earlier quoted context omitted.

Maybe pick Open Source Software which people pay good money for skills in? :)

There's always that one person... I've done that, and my most personally profitable years were doing that, billing $125/hour the last year I did it (this was eleven years ago), and working slightly more often than I wanted to be. There was a lot of travel, as my particular specialty was something that was needed by companies with very large websites, but not by many others, which I suspect is gonna be true of most of…

No worries at all. Wasn't sure where you were coming from. :)

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#405

I'm not an Amazonian, but I wanted to chime in here to say I think this thread is a great idea and I would love to see more like it. I write about salary negotiation and coach people through it, and I think sharing salaries publicly will encourage more people to negotiate and get paid what they're worth. I recently coached a new Amazon employee, and he got a very good offer, which he increased by about 15% using VERY…

I think you should share your salary with as many people as possible. This "don't share" policy is just a trick used by companies to keep labor costs down.

If employees know each other's pay, they will start demanding raises - Then you get in a situation like in the finance sector where companies will be forced to pay big bonuses to hold on to important employees. Companies don't want that - They want their engineers to stay cheap, dependent and foolishly loyal.

It's how the system works; nice people get screwed. In your career, you will only receive the minimum amount that you're willing to accept - It's HR people's job to make sure that you don't get anything more than that.

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#406

Earlier quoted context omitted.

There IS another solution to this. When someone asks how much you are currently making, you should flat out lie. They won't check. I've job hopped a bunch, and usually I just take whatever I was currently making, and add 15%, and say that that was my base. If employers are going to play negotiation games, you shouldn't feel bad about playing them too.

You do this and they catch you, you will be fired. I am a manager who believes in pay people more. Pay them what they want, not what they were making. That said, if you lie to me, I don't take it well.

[deleted]

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#407

Earlier quoted context omitted.

There IS another solution to this. When someone asks how much you are currently making, you should flat out lie. They won't check. I've job hopped a bunch, and usually I just take whatever I was currently making, and add 15%, and say that that was my base. If employers are going to play negotiation games, you shouldn't feel bad about playing them too.

You do this and they catch you, you will be fired. I am a manager who believes in pay people more. Pay them what they want, not what they were making. That said, if you lie to me, I don't take it well.

Lol. You have no right to that information. I'd counter with something like "How much does your wife make?"

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#408
post #128

Earlier quoted context omitted.

One of my negotiation principles is "Don't disclose your current or desired salary" during the negotiation. With persistence, the recruiter or hiring manager will usually just move on. Another principle is that you should always counter. So I'm _extremely_ surprised to hear that 95% of the time, people have refused to continue talking with you. I can't refute your experience, but I can say this has never happened to…

In the handful of cases where the company was OK with my non-answer about salary, and I went on to get all the way to a job offer, the salary ended up being entirely miscalibrated to a candidate of my skill and experience, and the overall interview process (which usually included some technical screens, programming tests, take-home tests, and long on-site technical interviews) was a massive waste of my time, not to m…

I know it's anecdata, but to confirm your experience I have had recruiters and hr reps tell me explicitly that either they will not continue without salary information or that the software their company mandated that they use would not allow them to continue with no salary or a $0 salary

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#409

Earlier quoted context omitted.

It's pretty interesting that so much of your compensation is in stock. After 2 years at MSFT and becoming a PM II, I was making ~$145k annually but $115k of that was in salary and $30k in stock. I think that's why everyone is surprised when they see the $70k. Do they give you the stock as a bonus at the end of the year, or are you promised it at the beginning and it gets doled out during the year? If it's the former,…

The stock is initially granted in the form of Restricted Stock Units (RSUs). RSUs vest according to a schedule. It looks roughly like this: 5% the first year 15% the second year 20% every six months thereafter Compensation at Amazon typically is a combination of a base salary, a signing bonus (distributed over time), and a stock grant. The package is structured in such a way that the employee's total pay stays consis…

Wow that fucking sucks.

The standard (at GOOG & others) is:

25% on year 1 2.08 & 1/3rd every month thereafter (75% vested equally over the next 36 months)

Furthermore, there are other grants that vest quarterly for the first 18 months of employment (in addition to the normal 4 year).

Look, I used to work at Amazon. They are the worst paying big company out there. Complete with totally shitty vesting plans. My first vesting with Amazon was over 5 years. Yup, they really took advantage of us new grads.

Re: Ask HN: How much do you make at Amazon? Here is how much I make at Amazon

#410

A reminder to everyone that the National Labor Relations Act prohibits companies from firing employees for discussing their salaries: http://www.govdocs.com/can-employees-discuss-pay-salaries/

As a clarification: I'm pretty sure that is held to cover employees discussing salaries amongst themselves, and that it has been found not to cover employees sharing salary data with others outside the company.
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