(05-02-2019, 01:56 PM)rherold9 Wrote: I kinda just wanna work for Amazon just for their stock options. I'll take that yearly big bonus if I sell half and keep half for retirement lol. Do they still cap pay for stock options?
Amazon grants restricted stock units, not options, and base pay is capped lower than several people on this board make in base pay. Vest schedules are dependent on job level, but most that aren't exec level jobs vest twice per year.
Keeping half the stock they give you until retirement is a pretty risky position. It's worked out the last few years, but I'm not trying to have that many eggs in any one basket. The company 401k match is in AMZN and those are the only shares I still own after seven years working there. If I still had all my shares, they'd be worth $1.7 million... but, whatever, I wanted to spend that money on shit and diversify. Can't go back!
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth