They used to have a salary cap of $165k until 1.5 years ago, I’m not sure what the cap is now but it’s significantly higher.
I’m aware of a newly hired SDE2 (~2 years ago) that was hired with a TC of $305k. While the breakdown of compensation for an SDE1 and SDE2 might differ, an SDE1 breakdown is 5% vest after 1st year with 95% comp coming from salary + signing bonus. 15% vest after 2nd year with 85% comp coming from salary + signing bonus. Then after years 3 and 4 it was 40% vest + 60% from salary. It’s a little less straightforward than this because they build in an expected ~15% stock growth price YoY as part of your expected TC.
So assuming SDE2 payout structure is same as SDE1, their compensation might look like this for a new hire where the strike price is $100 for AMZN at their date of hire.
So their signing package would be like 300K TC with 15+391+1020+888 (2314) RSUs.
After year 2 or 3 stocks vest twice a year. So granted payout structure is likely much different now with higher base salaries I agree it is not implausible for non-directors to receive $100k in stock in a single vest.
I’m aware of a newly hired SDE2 (~2 years ago) that was hired with a TC of $305k. While the breakdown of compensation for an SDE1 and SDE2 might differ, an SDE1 breakdown is 5% vest after 1st year with 95% comp coming from salary + signing bonus. 15% vest after 2nd year with 85% comp coming from salary + signing bonus. Then after years 3 and 4 it was 40% vest + 60% from salary. It’s a little less straightforward than this because they build in an expected ~15% stock growth price YoY as part of your expected TC.
So assuming SDE2 payout structure is same as SDE1, their compensation might look like this for a new hire where the strike price is $100 for AMZN at their date of hire.
Y1: 165K salary, 15K stock (15 RSU), $120K bonus.
Y2: 165K salary, 45K stock (45000/(1001.15) RSU), 90K bonus.
Y3: 165K salary, 135K stock (135000/(1151.15) RSU)
Y4: 165K salary, 135K stock (135000/(132.25*1.15) RSU)
So their signing package would be like 300K TC with 15+391+1020+888 (2314) RSUs.
After year 2 or 3 stocks vest twice a year. So granted payout structure is likely much different now with higher base salaries I agree it is not implausible for non-directors to receive $100k in stock in a single vest.