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Amazon Worker Jumps Off Company Building After E-Mail to Staff

bloomberg.com

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Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#21

Post by adrianggg »

amzn-336495 wrote: post #11

Amazon tries to trap people through control by visas, and they will go so far as to relocate people overseas to Seattle. They have a fucked up system where rank and file get the darwin treatment but management gets the rewards. They will pay bonuses around $250k, $500k, $1 million to senior managers, directors, and VPs respectively to abuse the shit out of employees. The "PIP someone who is trying to get away from th…

can confirm 100% true. Awful place to learn and develop. Look elsewhere. Do some research.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#22

Post by rdtsc »

I was interviewing for AWS, and it was a circus. Completely disorganized. However, I have to say, I enjoyed the parroting back of "the leadership principles" part. It was like being in the Soviet Union again and singing praises to the great party leaders. Very much worth wasting a day over it.

However my nephew didn't have such a fun time. He was working for one of their warehouses in Kentucky and they were ruthless to the workers like him. They had a snow storm, he got stuck in the snow and instead of being understanding they reprimanded him for it. He liked the pay but couldn't take the humiliating treatment, so he quit.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#24

Post by discodave »

Tempest1981 wrote: post #14

Do they still have the backloaded RSU vesting schedule? Something like 5%, 15%, 40%, 40% (each year)? Does anyone else do this?

Amazon aims for total compensation, cash + stock.

So, the package for a typical SDE I will look like the following:

Salary: x Starting bonus year 1: 0.2x Starting bonus year 2: 0.15x

RSU grant is 0.6x, vesting 5/15/40/40 (4 years).

So when you add it up, assuming a constant stock price, you get:

Y1:1.23x Y2:1.24x Y3:1.24x Y4:1.24x

So at a basic level the back loading of stock is just making up for the starting bonuses ending. Thinking more broadly, many employees get promoted within 2-3 years and the stock has generally gone up over time so the predictions after the 2 year mark aren't exactly set in stone.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#25

Post by seattle_spring »

Tempest1981 wrote: post #14

Do they still have the backloaded RSU vesting schedule? Something like 5%, 15%, 40%, 40% (each year)? Does anyone else do this?

Some places do 10/20/30/40. I think Snapchat is one of them, but I'm not 100%. My last employer was on this schedule. Left after 2 years, got 30%. Would not accept this sort of offer again.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#26

Post by tedmiston »

u489utaa wrote: post #19

Amazon screws employees in ways unseen in other companies. From the perspective of an engineer, this is a terrible place for people to work and grow. To list a few things: - Equity vesting schedule is 5%, 15%, 40%, 40% over 4 years - Relocation package is prorated for TWO years. If you leave after staying for a full year, you still need to return 50% of it. - 401K matching only vests after working for 3 years. If you…

Those terms are insane.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#27

Post by tedmiston »

daviross wrote: post #20
SuperPaintMan wrote: post #15

>The man survived the fall from Amazon’s 12-story Apollo building at about 8:45 a.m. local time Monday and was taken to a Seattle hospital, police said. Aside: That is a testament to the resilience of a body. The physics behind that fall would be astounding to analyze! I come from a long line of suicidal people we're not jumpers, but swingers.

12 story building, but he jumped from the 4th floor and hit a balcony midway down. Still resilient, but not the full impact imagined.

It looks like those details were omitted from the Bloomberg article.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#28

Post by umeshunni »

tedmiston wrote: post #27
daviross wrote: post #20

Earlier quoted context omitted.

12 story building, but he jumped from the 4th floor and hit a balcony midway down. Still resilient, but not the full impact imagined.

It looks like those details were omitted from the Bloomberg article.

Yes, the Seattle PI article said that he fell 20 feet (2 stories) into a balcony after jumping from the 12 story building.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#29

Post by cylinder »

pinewurst wrote: post #6
khnd wrote: post #4

wow. i wonder if bezos is going to address this.

Hardly. According to Jeff, nothing is wrong and everything is for the best in his best of all possible worlds. Read enough https://sites.google.com/site/thefaceofamazon/ and it's a consistent picture though. Speaking as a Seattle local, I hear these sort of anecdotes all the time.

And this is in white collar, imagine how they treat blue collar in their warehouses, where the supply of new cheap labor is unlimited.

Re: Amazon Worker Jumps Off Company Building After E-Mail to Staff

#30

Post by dmoy »

discodave wrote: post #24
Tempest1981 wrote: post #14

Do they still have the backloaded RSU vesting schedule? Something like 5%, 15%, 40%, 40% (each year)? Does anyone else do this?

Amazon aims for total compensation, cash + stock. So, the package for a typical SDE I will look like the following: Salary: x Starting bonus year 1: 0.2x Starting bonus year 2: 0.15x RSU grant is 0.6x, vesting 5/15/40/40 (4 years). So when you add it up, assuming a constant stock price, you get: Y1:1.23x Y2:1.24x Y3:1.24x Y4:1.24x So at a basic level the back loading of stock is just making up for the starting bonuse…

Wait there are no refresh equity grants at Amazon? I'm at Google and making over double what I was when I started, almost all from additional equity grants every year. It worked out to more like 1.3x, 1.5x, 1.8x, 2.4x, ...
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