Amazon more than doubles max base pay to $350k

Re:Amazon more than doubles max base pay to $350k by allthecybers on Monday February 07, 2022 @02:31PM (#30249786)

I think you are on target.

IMO it is an attempt at employee retention as well as attracting new talent.

Purely anecdotal on my part, but I've seen post after post on LinkedIn of senior/tenured Amazonians moving on to other roles after five, ten, and even fifteen years. The stock performance has been pretty flat for the last few years, so the TC growth is lagging behind the gains you could get from being a new hire.

Also a base salary cap of $160,000 is really low. Not everyone joining Amazon wants a large portion of potential comp to fluctuate with the whims of the market. This increases the choices for TC configuration. If you wanna have lots of base and a minimal RSU grant, you now have the option.

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Re:Amazon more than doubles max base pay to $350k by ghettoimp on Monday February 07, 2022 @03:56PM (#30251001)

Is AMZN stock really flat? Looks close to 4x its price from 5 years ago.

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Re:Amazon more than doubles max base pay to $350k by imwillofficial on Monday February 07, 2022 @04:14PM (#30251272)

It’s been flat for about a year and a half

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Re:Amazon more than doubles max base pay to $350k by kaesar14 on Tuesday February 08, 2022 @01:01AM (#30255372)

If you move that slider even just a few months to March 2020 you capture a doubling of the stock price, 1.5 years seems incredibly arbitrary as a cutoff point

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Re:Amazon more than doubles max base pay to $350k by imwillofficial on Tuesday February 08, 2022 @03:07PM (#30263850)

It’s when I joined and started watching them. Completely and utterly arbitrary

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Re:Amazon more than doubles max base pay to $350k by kaesar14 on Tuesday February 08, 2022 @05:29PM (#30265762)

Ha. Fair enough

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