Is the salary also reduced or only the hours? Too bad they don't give a probability distribution of salaries for the position ...
I for one get serious heart symptoms if I don't have adequate sleep.
Amazon compensation packages assume 15% increase in RSU value year over year, so when you get a 4 year grant as a new hire, your target compensation will be projected based off 15% year over year growth, which typically means less stock granted in year 4 compared to year 3.
With a stagnant stock price, many Amazon employees are potentially at risk of not hitting their year 3 target compensation.
* Amazon pay a signing bonus for the first two years in lieu of RSUs. The idea is that you could sell your RSUs to make up the difference. The problem is that, for anyone who started in the last two years, your RSUs won’t make up the difference between your base salary and what you were getting as a bonus.
From levels.fyi, FAANG and the unicorns are almost all in the $300k-$400k range. Have offers gone up $200k in the last few months? Or are you assuming people are moving up a level?
If you filter by "New Offers Only", you'll see a pretty sharp shift in the trend starting around October 2021.
Same with Uber, a notable uptick starting late last year: https://www.levels.fyi/company/Uber/salaries/Software-Engine...
The top of the band has probably gone up more than the median offer, and most companies didn't increase their bands by that much (yet). This is definitely a case of "the future is here - just not evenly distributed yet".
If stock goes down, you end up getting more shares and vice versa but the $ stays the same
It's basically just regular bonuses tied to tenure