Re:Amazon says wage hike ‘more than compensates’ for loss of...
by sfcguyus on Thursday October 11, 2018 @08:58PM
(#18198306)
More accurate:
Basic wage: X
Bonus Wage: A
Market Appreciation: B
Total: X+A+B
Under the new system
Basic Wage: X+Y
Bonus Wage: 0
Total Wage: X+Y
X+Y > X+A
Sometimes, X+Y+Z > X+A depending on if you keep the RSU. But you can always also take Y (the increase) and invest it and it will always be higher.
For someone who worked at one of these jobs at Amazon for 3 years
Basic wage: X
Bonus Wage: Y
Total: X+Y
Under the new system
Basic Wage: X+Y
Bonus Wage: 0
Total Wage: X+Y
The net effect is zero but principly the value of the bonus has been reduced to nothing, after the loyalty of rhe employee and the benefits that come with that, have already been collected by the employer.
Seems somewhat unfair from that perspective, but they can do what they want I guess.