Amazon shares Q&A guidelines with managers to prepare them for these discussions.Amazon started its annual compensation updates earlier this month.
Amazon has historically offered less base cash pay compared to some of its peers. Instead, it has used stock grants — and the potential for massive share price increases — to attract talent. That strategy worked very well when Amazon shares surged from 2009 through most of 2021. But last year, the stock plunged, undermining the value of the stock awards as an employee-retention tool.
A: As a company, we use market data to establish ranges to help create equity for job roles and levels, while allowing flexibility to account for performance, career growth, etc. Your individual position in range is the result of a variety of factors. As we discussed in the Forte conversation, your performance summary of [Exceeds High Bar/Meets High Bar], and [Example 1, Example 2] all contributed to your current PCS.A: At Amazon, we do not share ranges.
If it's appropriate and helpful for the conversation, managers may share where the employee sits in their range. This allows the manager to transition the conversation towards next steps and what the employee can do to get to the next level. Take time to understand what the employee's goals are related to compensation and help them make a strategy to achieve their goals for both the short- and long-term.
Love the domes. Even when I worked for them, I never went. Had an ipad tour.