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re: Amazon more than doubles max base pay to $350k for corporate and tech workers
Posted on 2/8/22 at 7:02 am to TheeRealCarolina
Posted on 2/8/22 at 7:02 am to TheeRealCarolina
quote:
They aren’t doing it to compete with the other big tech firms, they are doing it to further crush any smaller competitors. Same reason why Wal-Mart and Target raised their pay.
False. They have a labor issue and cannot find enough workers. Also there won’t be that many people at the 350k level. That’s not what people will start off at. That will be max base pay for any position.
1
Posted on 2/8/22 at 7:06 am to TigerGM
my salary would have to be a good bit north of $200k to go work for Amazon/AWS... soul crushing employer
Posted on 2/8/22 at 7:18 am to TygerDurden
quote:
This is not sustainable.
75% of households buy from Amazon. And they are growing their AWS business, which is way more money being made than selling toilet paper.
Posted on 2/8/22 at 7:27 am to Street Hawk
You used to get it through stock. Stock is a little down. Only way to retain/hire people.
Posted on 2/8/22 at 7:52 am to jfturner212
Yeah, Google came after my wife, dangled stock, but it came at a cost: lots of travel. First off, Google's interview process is completely ludicrous.
Worked out great, though. Her current employer, IBM, without knowing she was interviewing, boosted her up the ladder, no bump in travel, next rung up is VP, which, since she checks the female box, will happen. More than matched what Google was offering without working for the dark side.
Worked out great, though. Her current employer, IBM, without knowing she was interviewing, boosted her up the ladder, no bump in travel, next rung up is VP, which, since she checks the female box, will happen. More than matched what Google was offering without working for the dark side.
Posted on 2/8/22 at 8:26 am to Street Hawk
quote:
Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously
I guess this is saying a director or vp was maxing out at $160k base. That doesn’t seem right. Obviously, they may have had some ridiculous bonus structure but it still seems odd.
Posted on 2/8/22 at 11:59 am to LSUBogeyMan
I love it when some communist fry cook 
at Wendy's who hates capitalism and people who earn more than his $8.50 an hour, comes here to downvote people discussing earnings in the six-figure categories.
at Wendy's who hates capitalism and people who earn more than his $8.50 an hour, comes here to downvote people discussing earnings in the six-figure categories.
Posted on 2/8/22 at 12:15 pm to USMEagles
quote:
Wages are prices.
I've always thought of wages as a lagging most other factors of inflation. And something that sometimes doesn't grow even during inflation (the stagflation period). From what I read, I think the last few years have seen some "real wage growth" (the amount wages grow over inflation.
Posted on 2/8/22 at 12:20 pm to LSUBogeyMan
quote:
I guess this is saying a director or vp was maxing out at $160k base. That doesn’t seem right. Obviously, they may have had some ridiculous bonus structure but it still seems odd.
Employees get restricted stock units and a signing bonus that’s paid over a period of paychecks in lieu of salary. Ex. Might give you a $100k signing bonus added to your checks over a couple years. RSUs start vest on first anniversary.
Posted on 2/8/22 at 12:21 pm to Street Hawk
BRB, gonna go apply at Amazon.
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