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Amazon more than doubles max base pay to $350k

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Re: Amazon more than doubles max base pay to $350k

#171

Earlier quoted context omitted.

It's a horror game[0]. Never thought it was an allegory for Amazon, though. Unless you mean something else? [0] https://store.steampowered.com/app/242760/The_Forest/

It's a joke. Amazon (the company) is named after the river and so is the surrounding rainforest. I think "The Rainforest Bookstore" would've been cuter and clearer

It is of my (very important) opinion that it was not a good joke.

Re: Amazon more than doubles max base pay to $350k

#172

Earlier 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…

The bonuses are not traditional bonuses in the sense that they're not guaranteed and based on company performance.

The employment contract is "x per year and an extra y year one" not "x per year and y year one under the right conditions".

It gives them the freedom to not increase your salary or give you more stock, but you should still have a guaranteed known rate for 4 years.

Re: Amazon more than doubles max base pay to $350k

#174

What's a 'maximum base' pay? Is that the max salary someone with the right credentials could earn in an entry level position?

It’s the max salary rate for a given level according to company policies. Once you hit this, no matter how well you do they’ll try to tell you you can’t get a raise unless you get a promotion. Of course, this matters little since they will be shoveling RSUs at you if they want to keep you.

Re: Amazon more than doubles max base pay to $350k

#176

We had an office near an Amazon office. I interviewed a lot of people trying to leave Amazon. I don’t ask candidate’s compensation, but a lot of them volunteered it anyway. I was always surprised at how effectively low their comp was in the first few years due to the vesting schedule. The internet is adamant that everyone with FAANG jobs is rolling in TC, but there are a lot of people out there who are getting into F…

Pretty much textbook abusive relationship. Get people feeling that they can't leave because of sunk cost and it's all going to be worth it soon, even though they're actively miserable.

It's actually better for leaving because the cash is paid monthly in the first couple years, and you don't have to wait for the next quarter or half or whatnot if you decide you want to leave.

Re: Amazon more than doubles max base pay to $350k

#177

What's a 'maximum base' pay? Is that the max salary someone with the right credentials could earn in an entry level position?

It’s the max salary rate for a given level according to company policies. Once you hit this, no matter how well you do they’ll try to tell you you can’t get a raise unless you get a promotion. Of course, this matters little since they will be shoveling RSUs at you if they want to keep you.

Oh yeah, and mirroring other comments, this is the max base for the highest level in this case, so it is the max max. And also it’s never really true that they can’t exceed it. Everything is negotiable if you’re hot enough shit.

Re: Amazon more than doubles max base pay to $350k

#178

I'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…

> Doubt more money is going to fix this though perhaps ...

There's certainly some amount of money that would get me to work for them in the short term. But only if there wasn't a clawback clause that made me lose money if I found the experience unhealthy.

Re: Amazon more than doubles max base pay to $350k

#179

Earlier quoted context omitted.

money is one thing, you also need to take into consideration how much work US tech expects, how little vacation is provided, and how things like Health Care isn't universal.

Point me to a US company paying 150k that doesn’t cover your health care. The majority of companies also have very generous vacation (unlimited in a lot of cases).

You have to account for out of pocket maximums, which are up to $17k per year for a family, and increase every year, plus the risk of losing your ability to earn income, especially in your 50+ years.

Currently, a family of 4 would spend $35k plus or minus $5k on premiums, plus the $34k you need on hand for out of pocket expenses because it’s per calendar year, so if something happens at the end of the year, you need to be able to pay for 2 years worth of out of pocket expenses.

And that is today, so account for quite a bit of inflation if you are starting a family in your 30s, you need to be able to providing until 55 to 60, when the kids should be able to provide for themselves (at your expected quality of life).

Plus education prices, and insuring yourself from legal expenses. I know, 90% of Americans are not and will never be insured against these risks, but once you are in the $200k to $400k income range, you can actually achieve it and come to expect it.

Re: Amazon more than doubles max base pay to $350k

#180

I'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 recruiting is a disaster. I’m used to receiving a reach out once or twice a year, but late last year I had at least four recruiters reaching out, three simultaneously. I think one even attempted to automate the process because I received two separate emails from him along with follow ups on each in a matter of four hours, and my replies never got through as they were completely ignored as he continued to follo…

> I think one even attempted to automate the process because I received two separate emails from him along with follow ups on each in a matter of four hours, and my replies never got through as they were completely ignored as he continued to follow up (on both original emails) several times over the next week.

This happened to me. I got the exact same recruiting email from the exact same recruiter a week after I had already responded by declining.

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