Re:Reduced-hours software development engineer position at A...
by petilon on Wednesday February 02, 2022 @05:52PM
(#30185291)
Amazon employees get RSUs. The difference between stock options and RSUs is that options are worthless if the stock price doesn't go up, but RSUs are worth the stock price, so it doesn't have to go up, it just needs to not drop.
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Re:Reduced-hours software development engineer position at A...
by qqtt on Wednesday February 02, 2022 @08:32PM
(#30187176)
> so it doesn't have to go up, it just needs to not drop.
Amazon compensation packages assume 15% increase in RSU value year over year, so when you get a 4 year grant as a new hire, your target compensation will be projected based off 15% year over year growth, which typically means less stock granted in year 4 compared to year 3.
With a stagnant stock price, many Amazon employees are potentially at risk of not hitting their year 3 target compensation.
Re:Reduced-hours software development engineer position at A...
by Rebelgecko on Wednesday February 02, 2022 @09:49PM
(#30187887)
I've heard that when AMZN goes up, Amazon will actually take that into account and reduce your refreshers