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You get a first and second year signing bonus that is equal to the total comp target that you’d have with your 3rd and 4th year stock, so it’s the same thing.

You get cash bonuses the first two years to make up for that so your total comp doesn't actually change that much.

Being an intern is a huge bonus here. My wife got a decent equity grant under the terrible 5/15/../.. plan, but also a 20k cash bonus for each of the first two years for being a returning intern.

This makes it very attractive to quit after two years, imo

And yet Facebook offered $50k for retuning interns on their first year. This was 5 years ago when I was an intern manager.

That's nice! In the time I've been in the industry, fb has generally been considered a better payer than amazon, I think. Would you agree?

I was just trying to say that the amazon vesting percentage doesn't adversely affect a returning intern's total first/second year comp.

I don't think you need to be a returning intern to get the cash bonus. At least I got one without being an intern