Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
The answer is in the first sentence of the article.
Amazon more than doubles max base pay to $350k
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Re: Amazon more than doubles max base pay to $350k
#152Finally Amazon is realising their trash comp won't get them any hires in the current market. They were not even close to being competitive with other FAANG before. Couple that with the bad culture and I'm sure they were feeling the pressure to get new hires.
But the bad culture stories are out now, and the culture hasn't changed as far as I can see, so what's the point of the increased comp?
Re: Amazon more than doubles max base pay to $350k
#153Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
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Re: Amazon more than doubles max base pay to $350k
#154Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
$160k
It's literally the first sentence of the article
"Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously, as part of an overall increase in total compensation intended to help recruit top talent and retain existing employees."
Re: Amazon more than doubles max base pay to $350k
#155Earlier quoted context omitted.
This doesn't match my experience. I guess it depends on the role but for engineers it's well known Amazon has been throwing large sign on bonuses to close the vesting gap for years. For instance I received an offer that was 160 base, 325 cash bonus and 5% of my RSUs for my first year, putting my TC at ~510k. Second year was a slightly smaller bonus, and 15% of my RSUs. Is it possible that when folks were voluntarily…
> I received an offer that was 160 base, 325 cash bonus and 5% of my RSUs for my first year, putting my TC at ~510k. I don't understand the appeal of cash signing bonuses. This just seems to me like another way of saying you got hired for a $485k annual salary while giving Amazon the freedom to cut your salary a year from now by up to ~67%. Why give your future self that risk instead of looking for a higher base sala…
Sounds like a really good way for a manager with a hiring-based OKR to get short term good hiring numbers. Maybe the manager is also planning on leaving or maybe someone else is on the line for retention and this strategically benefits the hiring manager :D
Re: Amazon more than doubles max base pay to $350k
#156I'm amazed both with the number of messages I get from Amazon about job openings and the aggressiveness of them. Add on how many are for ill fitting or basically Hail Mary type positions (During the height of the pandemic I got one wanting me to move to Ireland to work in an Amazon office there. They even acknowledged the oddness of the situation but they were really desperate for people to fill those roles). Seems l…
Amazon is the only FAANG recruiter I ignore. Working 60 hour weeks just so I can get PIPed within 9 months of starting? No thanks.
Re: Amazon more than doubles max base pay to $350k
#157Finally Amazon is realising their trash comp won't get them any hires in the current market. They were not even close to being competitive with other FAANG before. Couple that with the bad culture and I'm sure they were feeling the pressure to get new hires.
My Amazon offer from last year was one of my highest ($500K first year TC for senior SWE in Seattle). Amazon has trouble retaining talent but I doubt compensation is the real cause (at least for recent hires).
At 500k are you actually working 40 hours or expected to be always working? Also what is considered a senior engineer? Someone specifically specialized in a field or management type role?
Re: Amazon more than doubles max base pay to $350k
#158Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
That's all in the article. First sentence: "Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously".
Amazon's compensation has historically been very RSU-heavy (aka, you are partly paid in stock), especially at higher levels.
Re: Amazon more than doubles max base pay to $350k
#159Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
The first sentence of article stated it was $160,000.
Re: Amazon more than doubles max base pay to $350k
#160As a low-ish level MSFT employee I laughed at this line: > The move promises to bring Amazon’s base pay more in line with other big tech companies, including Google, Facebook, Apple and Microsoft. As a ~62/63 (almost senior or senior) at Microsoft my peers at Facebook, Google, and Amazon can easily make literally twice as much compensation a year in salary, stock, and cash bonuses. Microsoft isn't even in the ballpar…
Is Microsoft a really cozy place to work? Shopify in Canada is similar with weak comp, but it is considered a great place to work.
Most teams at Microsoft these days have great work-life balance. Just stay away from the hardcore teams like core Windows development teams, compilers, Xbox.. The company will support you in any personal goals you have, you'll be able to find internal clubs for just about anything, and at least pre-pandemic, lecturers were frequently invited to campus to give talks on a huge range of topics that anybody could sign up to attend.