It's RSUs vesting at:
- 5% after 1yr
- 15% at 2yrs
- 20% every 6 months for years 3 and 4
The 401k match also has a 3 year cliff.
But as they said, years 1-2 you typically get a signing bonus
- 5% after 1yr
- 15% at 2yrs
- 20% every 6 months for years 3 and 4
The 401k match also has a 3 year cliff.
But as they said, years 1-2 you typically get a signing bonus
The median tenure at AMZN is also 1.5yrs, per linkedin. Their strategy seems to be to work their people extremely hard to earn their RSUs and pay them like plebs with hard caps on earning potential (base comp).
Is this a well-known thing then? More so than other FAANGs?