Leaked document on Amazon compensation ranges with the highest being $715k | Hacker News Reader

Leaked document on Amazon compensation ranges with the highest being $715k

businessinsider.com

45 pointsSomaticPirate26 comments

In relative historical terms these wages are incredibly low when Amazon has approximately $289,138 per employee in gross revenue. If you had a similar company in 1970 this payscale would be nearly triple what is reflected with similarly situated employees starting at 1.3x revenue per employee instead of 0.55x.

This isn't a criticism of Amazon in particular but to show in general just how unbelievably low we have allowed wages to fall in the face of historically unprecedented gains in per employee productivity.

> starting at 1.3x revenue per employee instead of 0.55x.

Could you explain this? I don't understand.

The maximum base pay is $160k for the highest roles (all roles in fact). Their revenue per employee is $300k. that's the 0.55.

The parent poster is saying that in the past the top earning employees had a base pay that exceeded the revenue per employee. Since the revenue per employee number is averaged across all employees, it could still be profitable to employ someone for more than that if the value they provided was higher still

high rent means low savings means no leverage by the worker.

Your comment makes no economic sense to me. At what point in time did workers ever get paid in terms of how much revenue their company had per employee? If that were the case grocery clerks should be earning 6 figures.

So what? Do you crib at indiehackers/onlyfans/YouTube creators raking in similar amounts.

Hmm maybe I should reconsider all those Amazon recruiter on LinkedIn...

All the salary ranges can be found on levels.fyi already, and the numbers here match that. The hard ceiling from the article is interesting but the numbers probably will be stale soon anyway.

Paywall bypass: https://web.archive.org/web/20210825195101/https://www.busin...

Don't forget to ask for your signing bonus.

Yet another reminder to always negotiate.

If only designer salaries kept up.

Can someone post the leaked atatsz since BI are paywalling me

DW the internets got you.

https://github.com/iamadamdev by pass paywalls :)

There should be a cap on wages globally. Either money and wealth and output are finite. In which case you earning 715k is roughly 9x what you should be allocated as your portion of global wealth.

Or limited wealth is a construct of society and we keep people living in poverty because we're just inherently cruel and don't want to pay a living wage as support because we need slaves to make our trinkets. We're a shit species.

You're right. I work too much and you probably don't work as hard as I do. I propose you do some of my work so we can cap how much work I do.

Shoot me over your email address and we'll make this happen.

How would such a thing work across distinct sovereign nations and who is it exactly that would decide the caps?

Lol the same way we control everything else? Through treaties and legislation. Look I'm not saying it's easy and tbh it's not the path I'd take (I'm more for print money give everyone a living wage rather than act using scarcity). I'm just saying given the way economic theory exists atm it's one of the two glaring options for leveling out and fixing the shit levels of inequality that exist at the moment.

Or do you think the current situation is acceptable and should be allowed to continue?

It's absolutely bonkers that there are hundred-billionaires out there, yet here you are crusading against people who make high six figures.

I would say that sovereign countries have the right to determine their own policies. If by "We" you mean the United States we are a massive loser in treaties, we give away much much more than we get. We exert power by having a military 10 times as large as anyone else (and mostly that large by virtue of saving the western world from a Nazi dictatorship) but that margin will cease to exist within the decade and Nazi China will have the worlds largest military and exert the most power and the world will be MUCH worse for it.

This whole post is so negative and warped. You sound clinically depressed - not everything in the world is shit and neither is humanity.

It's a terrible idea, but I don't think it's warped or depressed. It's just me veroy idealistic.

Shoot, I must be clinically depressed too, because it seems pretty on point.

The optimists must have figured out a good coping strategy for cognitive dissonance.

Looking on the bright side is...well, less than half of the full picture, if you ask me.

There is no better time in the history of humanity to be alive for nearly all people (barring those in war zones / communism). We just cured a novel disease with a vaccine on the order of months, while prior diseases were repeated plagues that killed huge swaths of humanity over millennia. We have so much to be thankful for and so many good things and yet so many are depressed and unhappy.

https://www.informationliberation.com/files/deaths-of-despai...

It stops at 2017, but the trend is holding still in 2021, so, if the world is truly magical and better than any other time in history, why are we killing ourselves?

Maybe I'm wrong, but it certainly seems like there is a problem, while a bunch of people in priveledged positions tell the rest of us to be happy.

You are getting downvoted and that probably proves your point more than your argument. Your argument is really naive, but there is some truth to your conclusion.

IMO, the main data point for your argument should be how many animals, plants and humans we have killed as a species and for what purpose? Unless we recognize these failings as a species, we’ll never get out of our delusional bubble of being good and righteous.

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