Just an Aussie tech guy - home automation, ESP gadgets, networking. Also love my camping and 4WDing.

Be a good motherfucker. Peace.

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Joined 1 year ago
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Cake day: June 15th, 2023

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  • Well, that’s probably because he’s hit the cap on base salary. After a certain point in Amazon, the majority of your income at Amazon is derived from shares.

    That said, after the signing shares are yours after the first 4-5 years, you’re down to the yearly grants they hand out, which come the year after they were granted, in quarterly amounts.

    Also, if your brother is high up, he probably got more shares this year than usual, as Amazon announced that only certain levels and below were getting salary increases. Higher up only got shares.



















  • Nearly 30 years ago, I worked for a tiny li’l anti-virus software company that got acquired by one of the big boys, and everyone’s performance-based options they were holding were suddenly worth a lot. Being hungry for career growth at the time, I’d left the company and forfeited those options. Less than 6 months later, they announced the sale of the company.

    My options woulda been worth a few million at the time, maybe double that in today’s money. Importantly, it would’ve set me up with a nice house, car, etc, without any debt, in my early 20s.

    Not rich, but certainly comfortable.