Earlier quoted context omitted.
But if that's true then it applies to shareholders and execs as well. Should we change their compensation plans? Yes there will be competition over the profitable projects and that's how it should be. Projects without profit don't exist. If the project doesn't have profit then the company wouldn't allocate budget. If they allocate budget then the project is profitable. It is up to the project leaders to have the figh…
> Projects without profit don't exist. Depends on your industry. In finance there are many, many projects which have to be done for legal compliance. There is no 'profit' for the company; the goal is to be permitted to remain in business. Funds have to be allocated to do the project, but it brings in no new revenue. It might actually incur new costs, such as ongoing storage for audit logs.
Why It's So Difficult to Climb Amazon's Corporate Ladder
71–80 of 82 posts
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#72Earlier quoted context omitted.
Much more simple than that. Just take a cut from the profits your project generates or supervises. If the project doesn't generate or supervise anything just get a cut from the overall budget which is allocated based on how valuable the project is to the company.
How much profit does QA generate? What about internal build/test tools?
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#73Earlier quoted context omitted.
But if that's true then it applies to shareholders and execs as well. Should we change their compensation plans? Yes there will be competition over the profitable projects and that's how it should be. Projects without profit don't exist. If the project doesn't have profit then the company wouldn't allocate budget. If they allocate budget then the project is profitable. It is up to the project leaders to have the figh…
Then there would be no technical support staff - upgrading computers generates $0 new revenues and has significant costs. Clearly there is value in not forcing developers to use 15 year old machines, but it isn't so clear to quantify. Since whomever 'quantifies' this data then has enormous influence as to what projects are worked on, you risk just shuffling around the politics: instead of fighting over what projects…
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#74Earlier quoted context omitted.
> Projects without profit don't exist. Depends on your industry. In finance there are many, many projects which have to be done for legal compliance. There is no 'profit' for the company; the goal is to be permitted to remain in business. Funds have to be allocated to do the project, but it brings in no new revenue. It might actually incur new costs, such as ongoing storage for audit logs.
Well, any prevented loss can also be interpreted as profit. So depending on what kind of money is at stake you can reasonably claim a cut. You provide insurance and your cut is the price of the insurance policy. It's a well established business.
For example, does a backup generator add any value if the electricity never goes out? Do you only assign it 'profit' if electricity goes out? How do you calculate the value of the downtime if electricity does go out? Does it encourage people who've worked on setting up a backup generator to 'wish' for outages?
It's a challenge. Even if you do have answers to all of these questions, there will always be levels of subjectivity resulting in politics, and the effort involved will be itself an administrative workload of which the 'profit' would be difficult to assess.
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#75Article rings true from my perspective as a "level 5" manager in Amazon's fulfillment operation. Remember that Amazon core value to "have backbone" and "don't be afraid to disagree"? This is where that would bite you in the ass. That Senior Operations Manager you disagreed with that one time in a staff meeting in front of the GM? Yeah, they just sunk your promotion during the OLR because your direct manager didn't wa…
But yes, nothing worse than passive-aggressive management.
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#76Earlier quoted context omitted.
Anecdotally, Amazon's pay scale is only competitive with other companies in the area if you ignore on-call and only look at starting salary/bonus (including stock compensation).
Can you elaborate on that a little bit?
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#77Earlier quoted context omitted.
I've heard that at Google, the team votes for the person they would like to see promoted. This seems to be a pretty good idea from the outside - can someone comment on this? There must be some Googlers lurking...
Googler here. If you want to seek a promotion, you can nominate yourself or others can nominate you. When that happens, a packet is assembled for you. It includes your self-review, and reviews from a number of your peers as well as your managers. That packet goes to a committee likely made up of people who don't know you who then reach a decision about your promotion. That's a simplification, but that's the basic ide…
Does that happen in the company?
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#78Earlier quoted context omitted.
Googler here. If you want to seek a promotion, you can nominate yourself or others can nominate you. When that happens, a packet is assembled for you. It includes your self-review, and reviews from a number of your peers as well as your managers. That packet goes to a committee likely made up of people who don't know you who then reach a decision about your promotion. That's a simplification, but that's the basic ide…
So if I was a Googler, I'd apply for a promotion just to see what my manager and my peers thought about me - both pros and cons - and use that to improve my performance. Does that happen in the company?
...that said, I didn't apply last cycle, because the form was changed so that promo candidates have to fill out a more in-depth self-assessment and get more in-depth peer feedback, and me and my peers were heads-down on a deadline at the time. I suppose one way to deal with the externalities of everybody always going up for promo is to make the process easier on people who don't.
BTW, there are regular performance reviews at Google - you can (and should) get your peers' feedback without actually going up for promotion. I did every cycle until I made senior, then I stopped caring quite so much. Promotions beyond senior have a large "impact and leadership" component to them, and so you basically know what you have to do to get promoted, you have to lead a major project that succeeds.
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#79Earlier quoted context omitted.
I'd describe AWS pay as "competitive". Most all gigs provide you a decent signing bonus and stock grants. This lowers your base salary as all these items together are taken into your total compensation, which I believe is pretty much the norm up in Seattle for AWS/Google/Microsoft. Your signing bonus is pro-rated and you pay it back if you quit before one year, and your moving expenses are also paid back over two yea…
Yeah, that jives with what I was told. I think the stock grants mature over 4 years? I think the schedule was kind of interesting as well but I don't remember what it was, it wasn't 25/25/25/25 either. To be honest, I think it was a miss-match in positional terminology. I was going for a PM role, which in my current career path is basically the CEO of a specific project or program for part of a company. (These progra…
Re: Why It's So Difficult to Climb Amazon's Corporate Ladder
#80Earlier quoted context omitted.
Anecdotally, Amazon's pay scale is only competitive with other companies in the area if you ignore on-call and only look at starting salary/bonus (including stock compensation).
Can you elaborate on that a little bit?
I also felt that future compensation was more anchored to your starting compensation than at other companies.