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boren_ave11
searching Neon…
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boren_ave11
10y ago
I disagree with those saying that this is a good comparison. Telephone companies were not regulated because they were addictive, but rather because they are a public utility. Facebook possesses none of the characteristics of a public utilit
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boren_ave11
10y ago
But we know that he knows about it. Because he has talked about it. He once gave a speech specifically about government spying. Not only was the illegal activity not stopped, it expanded. There simply is no deniability left.
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boren_ave11
10y ago
Friendly reminder: the FBI and NSA are part of the executive branch of government and report to the President of the United States. Make no mistake -- there absolutely is someone who could stop this. The fact that this clearly unconstitut
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boren_ave11
10y ago
Good. IP law is badly broken, and as it happens, those who are most disparately impacted by its flaws (startups, individuals) are also the least well equipped to fix it. Nothing will change without pain being felt by those who are capable o
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boren_ave11
11y ago
I disagree, I think it is useful. You are correct that this is nothing close to scientific, but that is not the goal. The goal is to increase transparency around employee compensation in order to correct the imbalance of power in salary neg
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boren_ave11
11y ago
No, he's right, you just misread. He is saying that Amazon's RSU vest schedule sucks compared to the standard used by Google and others. His income level has nothing to do with anything about that.
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boren_ave11
11y ago
Do you have a cite for that?
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boren_ave11
11y ago
The OP is being kind of cagey about what their role is. You're right, I am.
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boren_ave11
11y ago
The stock is initially granted in the form of Restricted Stock Units (RSUs). RSUs vest according to a schedule. It looks roughly like this: 5% the first year 15% the second year 20% every six months thereafter Compensation at Amazon typical
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boren_ave11
11y ago
This is what I was told, but others ITT seem to have heard differently. In the examples that you know of, was the person relocating to Seattle or somewhere else, like SF? It may be that what I was told was correct, but they were referring o
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boren_ave11
11y ago
If your reaction to this thread is "wow I am really underpaid" then it's working. The playing field for your next salary negotiation is now a little more level.
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boren_ave11
11y ago
Perhaps they do for SF, given how high cost of living is there. I was told that cost of living increases are not offered, but maybe they were only referring to Seattle?
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boren_ave11
11y ago
>>You get stock annually? At my annual review last year I received more stock along with a pay increase. So, thus far, yes. >>But—adding X market value for equity vesting over Y years with 40% capital gains tax for the first 12
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boren_ave11
11y ago
No. I am also not deducting taxes from the part of my salary that comes in the form of base pay.
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boren_ave11
11y ago
>>Only on HN are these incredible compensation packages considered "underpaid". "Underpaid" and "overpaid" are relative terms. If you currently earn less than what you can expect to receive elsewhere for
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boren_ave11
11y ago
Are you taking stock into consideration? When stock is included, my total compensation for 2016 comes to $130K. Are you still at Amazon? If so, what is your current salary?
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boren_ave11
11y ago
I assume your comment is directed at me, the OP, as it was not in reply to anyone. >> You're not getting "ripped off" by having a base salary of 125K USD (with benefits and equity) fresh out of college. Nowhere in the
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boren_ave11
11y ago
Stock isn't a one-time thing. RSUs are frequently given during annual performance reviews to employees with good reviews. For my first annual review I received a score of "Exceeds" which is second from the highest. For that,
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boren_ave11
11y ago
Are you taking stock into consideration? At current price, 104 shares of AMZN equals $57,408 which puts my total 2016 pay at $130,408.
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boren_ave11
11y ago
See this comment I wrote ITT: https://news.ycombinator.com/item?id=11314076
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boren_ave11
11y ago
Actually, I told my boss about the post before I submitted it. But I was only letting him know -- I didn't ask for permission. The decision was mine and mine alone, so any (unlikely) backlash won't be directed at him. We have a go
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boren_ave11
11y ago
I mentioned this below, but I don't think location matters because Amazon doesn't provide cost of living adjustments. Location obviously matters from the individual's perspective, but from the company perspective it isn'
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boren_ave11
11y ago
Actually not in this case, as Amazon doesn't provide cost of living adjustments. Location isn't factored into pay amount.
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boren_ave11
11y ago
Funny that you mention this, because the character limit forced me to cut this out: Sites like Glassdoor are useful, but what they don't provide is company-specific detail. I can view Amazon's average SDE salary, but is that figur
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boren_ave11
11y ago
Apologies for the bad formatting, it wouldn't let me edit for some reason. Here is a more readable version of my compensation: Position: Developer (not classified as SDE, do not manage ppl) Tenure: 2 years Job Level: 5 Base Pay: $73,00
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Ask HN: How much do you make at Amazon? Here is how much I make at Amazon
1213 points
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boren_ave11
11y ago
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690 comments