this post was submitted on 30 Sep 2024
1054 points (98.7% liked)
Technology
59525 readers
3119 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And they want people off the vesting ramp as early as possible.
Amazon does 5-15-40-40
I’ve… never heard of such a vesting schedule. Doesn’t everyone else pretty much do 25%/year ?
Amazon is super stressful and I guess a lot of people quit the first few years. Maybe the 40% is to motivate them to stay for more hellish years.
I'm very happy not to work at Amazon.
Oh I get why they do it. I’m just surprised they can get away with it. Also they pay pretty damn well so I guess that helps.
It’s precisely because their working standards are absolutely absurd and unsustainable, so a LOT of people bail before full vesting. AMZN HR intentionally structures the vesting schedule like this because they have numbers to prove it works out in the company’s favor.