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Is it possible that a large portion of amazon's employees are only staying for the money? If I understand correctly, a large portion of the compensation is tied
by quarterdime 5y ago
Is it possible that a large portion of amazon's employees are only staying for the money? If I understand correctly, a large portion of the compensation is tied to the stock price (RSUs). What happens to miserable employees' stay/go decisions if the stock price stops climbing and the total compensation effectively decreases as a result?
What happens to the stock price if a larger number of employees leave?
This does not look like a stable system to me.
- scarface74 5y ago> Is it possible that a large portion of amazon's employees are only staying for the money? Why else would an employee stay at any company?
- cardosof 5y agoLearning opportunities, work/life balance, other non-financial perks like PTOs and parenthood support, just to name a few.
- scarface74 5y agoTrue. I’ve switch jobs for learning opportunities that paid the same as I was already making. But the end goal was to stay for a couple of years so I could make more money somewhere else.
- seanmcdirmid 5y agoMoney is only one part, liking your job and the work you are doing is necessary for many people.
- scarface74 5y agoI go to work to exchange labor for money. Why would I like work more that gives me less money in exchange for my labor most other things being equal. In my experience (8 jobs over 25 years) one development job looks about like any other. I wrote code to do “stuff” or later on in my career I showed others how to write code to do “stuff”
- seanmcdirmid 5y agoI have the inability to focus and tolerate work that isn’t interesting and rewarding beyond the money, I haven’t figured out yet how to exchange money for reduced work-induced misery, and I’m not as fortunate as you in seeing all jobs as the same. In fact, I could easily accept a lower salary for a research ship conference paper job than a SWE ship software job, not that the former jobs are very easy to get these days at any salary.
- quarterdime 5y agoI could have worded that better. The people I know who have worked at amazon have described miserable conditions, but great pay. They stayed (for a while) because the money was so good. So what would happen to amazon if the money stopped being so good?
- V__ 5y agoI think a question to ask in the same vain would be: What would they do, if due to economic changes other companies are suddenly willing to match the money with better working conditions?
- culpable_pickle 5y agoIsn't that what Meta is trying to do? They claim to pay in the top 5% of salary and talk a ton about how much better it is to work there compared to Amazon. There seems to be a ton of Amazon folks moving over there all the time.
- hiptobecubic 5y agoI think every company talks about how much better it is to work there compared to Amazon. The sample is obviously very biased, since I mostly hear from people who left, but after listening to ex-employees talk about being there, I'm inclined to believe them.
- scarface74 5y agoIt’s the same calculus most people do - pay/bullshit ratio. When that starts going in the wrong direction , it’s time to jump ship. As far as AMZN, it’s down to $2850. The same as it was in May 2020 when I got hired.
- jsiaajdsdaa 5y agoWhat is bullshit measured in? Displeasing incidents per year? Thus 1 incident per 3 or 4 days = $285,000?
- dekhn 5y agoI worked at a company for over ten years mainly for access to their computational infrastructure, source code, and to pick the brains of fellow engineers. By the end I was only there for the money, and that's when I left.