That or it existed until several years ago and the rumors have a time delay in coming out.
That or it existed until several years ago and the rumors have a time delay in coming out.
I did well with the culture, and therefore had a positive experience. I'm definitely aware of people who didn't. I'm also aware of people who weren't unhappy, but left for unrelated reasons (several because the weather in the Bay Area trumps Seattle for them. I don't know if I feel that way, having not lived down there, but I think Seattle's weather is vastly underrated.)
(I feel compelled to defend Amazon since I feel like the lone naysayer in this comment thread.)
This was directly from an entry level offer and it is general practice to get a salary increase at annual reviews and more RSUs for after your fourth.
Like many RSUs, if you leave before your RSUs vest, you forfeit them. This is pretty much your 4 year incentive to stay.
EDIT: Clarifying RSU forfeiture
I totally agree, I don't really like it. I think, though, that the astronomically large bonuses are worse than the small ones. Paying back $5000 (+ income tax, mind you) is much easier than paying back $100k + tax.
As for signing bonuses, I have read contracts from various startups that want you to pay your signing bonus (which is generally about 5k) back if you leave within the first year.
I have heard stories from other employees, claiming that entire teams were fired, and workloads were transferred to the remaining employees - however they have been just that - unverified rumors.
RSUs are back loaded. I forget the exact numbers, but it is something akin to 5% vested after 1st year, then 15%, then 35%, so after 2 years the vesting schedule makes it pretty hard to walk away from, especially with the current stock price. "If I stay just another 3 months I get 45 thousand bucks over my salary... hmm...."