this post was submitted on 30 Sep 2024
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[–] [email protected] 1 points 2 months ago* (last edited 2 months ago) (1 children)

Agreed and they have an average tenure of like 1.2 years, but their stock vesting schedule gives you 5% in year one, then 15%, 40%, and 40%. So you’re pretty likely to never get whatever carrot they dangle in front of you.

[–] [email protected] 3 points 2 months ago* (last edited 2 months ago)

Their strange stock vesting schedule makes me think that they're aware that people won't actually want to stay for four years. A back-loaded vesting schedule never benefits the employee, only the employer.

Other companies usually have an even schedule, for example Meta vests 25% per year (actually it vests quarterly instead of yearly). Google is an outlier too, but they do the opposite of what Amazon does - 33% in year one, then 33%, 22% and 12%. I suspect Google do this so they can list a higher total compensation (since initial total comp is salary, stock, and benefits for the first year), but getting more of your stock sooner is a good thing.