This is done on purpose because a vast majority of employees leave Amazon within 18 months or so. And those who can withstand that environment for 24 months and beyond develop thick enough skin and make enough internal connections to survive till 5+ years.
(bit of a tangent)
> in case HR is reading this
HR's primary (perhaps only) job is to protect the upper management (execs and above) from the nuisance caused by workers down below. It took me a while to sink in but when it did it brought in lot of clarity to the way I deal with HR.
IMO this could be generalised to a reasonable degree. For instance, police force's primary job is to protect the government from the internal threat which is the population at large. Catching thieves happens to be a small by-product of it.
Employees' allegiance is, first and foremost, to their pay master.
So it’s a double fuck you, bc it gets paid out as quickly as salary but is in permanent to your TC as a bonus lol
They don’t want to fix that. I’m sure they save a ton of money by backloading vesting like that. With their turnover rate, they probably pay out a pretty small portion of their awarded grants.
As I understand it (having never worked there), they are also stingy with granting new stock, and consider unvested grants in determining what to award each year. e.g. “You had an amazing year, but you’re sitting on a bunch of stock already, so take this tiny new grant and fuck off.” I’ve heard this from multiple former employees so have no particular reason to doubt it.
That's true, but it can go the other way too. One person I know got a needs improvement rating and no stock at all, but turned around and did rockstar work the next year. Because AMZN happened to have crashed about 50% in that time, getting the person back to target total compensation for the exceeds rating required granting considerably more RSUs than they would have received had they also gotten an exceeds in the prior year.
probably too focused on frugality to consider retention
https://www.essence.com/news/amazon-burning-through-workers/
It seems like they're more than willing to hire imports. I get more recruiter spam from them than anyone else, and I don't live anywhere near any of their major offices.
I am contacted by an Amazon recruiter at least once a week. I’m sure every engineer I know is. I wonder how much of their money they blow on recruiting and how much engineering time is spent in interviews replacing all the burned out engineers. Plus all the talent that won’t even entertain a job at Amazon.
Also got a staff software engineer from Facebook who added me on there, and had in their title "hiring". lol.
As in they consider retention unimportant, and something to not prioritize?
Because it sure seems that way.
I think there's some Bezos quote about people being lazy and it being easier to extract labor from fresh hires trying to prove themselves.
https://www.businessinsider.com/amazon-polices-based-jeff-be...
I find the attitude in a company starts from the top - so I'd Blame Bezos for the culture that does this, look at how they treat their non software dev workers.
This is a crucial part of PIP culture. It took me awhile too realize how common a pattern it is for companies to offer promising RSUs as part of total comp and then drive employees out after 10 months.
That vesting schedule is just some slight of hand so that you think Amazon is paying you XX% more than they have ever planned on. In reality you're getting paid likely less than you would sticking at a smaller, saner company. If you knew that upfront you'd never join.
To be clear, not all companies that offer RSUs are like this (of course most of them have better vesting), but this is a pattern I've seen a bit too often.
It's 5%, 15%, 40%, 40%.
In lieu of RSU's in Year 1, you get a big signing bonus. Year 2, not quite as big signing bonus (hence the +10% RSU). Year 3 and 4, nothing but RSU.
It adds up to the same amount every year assuming no stock growth.
Are you saying you just want double your salary for year 1 and 2 and are planning to quit before year 3 when it drops to nil? Yeah, who wouldn't?
I wouldn't want to be a shareholder of any company dumb enough to offer this.
It's actually much easier to switch teams at Amazon than most of tech.
The hiring manager might connect you with an engineer on their team to see if you’re a fit, but it’s not an actual interview loop. You’re certainly not coding.
Source: Been at Amazon for a many, many years across retail and AWS teams. This was never true, and if you saw this really happen, it’s a 1% minority.
Surprised to read this. The tooling is what I miss most from Amazon, but I was in AWS the whole time, I've heard the retail situation is quite different.
If they cared, they would have done something about this long ago.
- RSUs vesting schedule sucks, fix it.(5% - first year, 15% - second , then 5% each quarter, i think...)
- Internal tooling is pretty bad (frameworks, pipelines, ....) and the documentation is non-existent, and when it exists , is not very helpful.
- Amazon has the least amount of holidays of all FAANG, why?
- Make it easier to switch teams