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Re:Amazon Will Pay You $5,000 to Quit Your Job by dingaling on Friday April 11, 2014 @10:24AM (#7572993)
> For those that choose to stay, they will forever live with their past action of having turned down lots of money to work there.

$5,000 isn't really lots of money; it's probably about six months of mortgage payments in an average town.

On a 25-year mortgage that doesn't make much of a dent.

Better to keep grumbling, keep earning and keep a roof over the family.

Re:Amazon Will Pay You $5,000 to Quit Your Job by vidarh on Friday April 11, 2014 @10:37AM (#7573077)
You can trigger compliance effects with a can of soda. Of course there needs to be a correspondence in magnitude, but it's not really about the absolute amounts.
Re:Amazon Will Pay You $5,000 to Quit Your Job by mathattack on Friday April 11, 2014 @10:32AM (#7573042)
Much less than 6 months of a mortgage in Seattle, no? Or have I been spending too much time in New York?
Re:Amazon Will Pay You $5,000 to Quit Your Job by sib on Friday April 11, 2014 @11:39AM (#7573517)
Don't forget that this offer is for employees in the fulfillment centers, most of which are in areas with very low cost of living.
Re:Amazon Will Pay You $5,000 to Quit Your Job by mathattack on Friday April 11, 2014 @02:33PM (#7574604)
Ture - this would buy a lot in Iowa or Nevada.
Re:Amazon Will Pay You $5,000 to Quit Your Job by walshemj on Friday April 11, 2014 @02:49PM (#7574691)
Not in MK or Bedford which are the two bigest towns near the UK's main distribution hub
Re:Amazon Will Pay You $5,000 to Quit Your Job by bentcorner on Friday April 11, 2014 @11:08AM (#7573285)
$833/month mortgage gets (I think) about $150k for a 25 year fixed rate loan.

It's not impossible to get a home for $150k in Seattle, but your choices are very limited.

Re:Amazon Will Pay You $5,000 to Quit Your Job by r00fus on Friday April 11, 2014 @04:53PM (#7575564)
Rents have been skewing much higher than mortgage costs for some time. I'd guess it's 2-3 mo. of rent, max. In silicon valley it might be 1-2mo.

But people often don't think rationally that way (and definitely not all the time). A large lump sum may seem bigger than it actually is. Which is why sales folks often try to peanut butter the costs over a range ("it's the cost of one coffee a day for a month!")

Re:Amazon Will Pay You $5,000 to Quit Your Job by mathattack on Sunday April 13, 2014 @07:44AM (#7581026)
Are rents higher than mortgages on comparable properties in SF and Seattle? In NY the mortgages are even worse.
Re:Amazon Will Pay You $5,000 to Quit Your Job by Domenic_S on Friday April 11, 2014 @03:50PM (#7575171)
Re:Amazon Will Pay You $5,000 to Quit Your Job by sixothree on Friday April 11, 2014 @10:27AM (#7573011)
I'm guessing for many people at amazon it might be two months salary.
Re:Amazon Will Pay You $5,000 to Quit Your Job by fecak on Friday April 11, 2014 @10:32AM (#7573041)
$2500 a month is 30K. The average warehouse worker at Amazon is around $25K (1), so the temptation might be there for them. For engineers, that amount is not likely to be considered.

1 - http://money.cnn.com/2013/07/30/news/companies/amazon-wareho...

Re:Amazon Will Pay You $5,000 to Quit Your Job by joosters on Friday April 11, 2014 @10:40AM (#7573099)
n.b. the vast majority of Amazon warehouse workers are not actually employed by Amazon; it is unlikely that they ever get these offers.
Re:Amazon Will Pay You $5,000 to Quit Your Job by Crito on Friday April 11, 2014 @11:30AM (#7573446)
However the offer is for warehouse workers, not for engineers.
Re:Amazon Will Pay You $5,000 to Quit Your Job by joosters on Friday April 11, 2014 @12:16PM (#7573775)
But it is for warehouse workers employed by Amazon - which isn't many of them.
Re:Amazon Will Pay You $5,000 to Quit Your Job by infinite8s on Friday April 11, 2014 @11:40AM (#7573528)
Yeah, agreed, this is for their warehouse employees, not their software developers.