Re:Amazon more than doubles max base pay to $350k
by drewg123 on Monday February 07, 2022 @02:11PM
(#30249540)
FWIW, Netflix basically has a slider, where you can take from 0% to 100% of your salary in options vs in cash. You get to decide once a year during a sort of "open enrollment" (like how you choose health care plans).
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Re:Amazon more than doubles max base pay to $350k
by jedberg on Monday February 07, 2022 @04:30PM
(#30251506)
FYI they changed it to 50% max a few years ago, but otherwise yes.
I had a few friends who went 100% stock (which meant that they technically qualified for food stamps and medicare since it was pretax dollars) and some went 70%.
Re:Amazon more than doubles max base pay to $350k
by mslate on Thursday February 10, 2022 @10:30PM
(#30296549)
There is no maximum. Reed is taking 100% in 2022.
Re:Amazon more than doubles max base pay to $350k
by jedberg on Thursday February 10, 2022 @10:32PM
(#30296567)
Reed has always been on a different plan than everyone else, so that doesn’t mean much either way, but it’s quite possible they changed it back. I haven’t checked in with my friends in a while.
Re:Amazon more than doubles max base pay to $350k
by allthecybers on Monday February 07, 2022 @02:32PM
(#30249794)
What a great idea. I feel like this would let you make the choice on an annual basis based on your goals for the year, lifestyle needs, etc.