this post was submitted on 30 Sep 2024
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Now they can replace them without paying unemployment and pay the new workers a lower wage. This is what they wanted to happen. Mega corporations are a problem we need to solve as a society.
And they want people off the vesting ramp as early as possible.
Amazon does 5-15-40-40
I’ve… never heard of such a vesting schedule. Doesn’t everyone else pretty much do 25%/year ?
It’s precisely because their working standards are absolutely absurd and unsustainable, so a LOT of people bail before full vesting. AMZN HR intentionally structures the vesting schedule like this because they have numbers to prove it works out in the company’s favor.
Amazon is super stressful and I guess a lot of people quit the first few years. Maybe the 40% is to motivate them to stay for more hellish years.
I'm very happy not to work at Amazon.
Oh I get why they do it. I’m just surprised they can get away with it. Also they pay pretty damn well so I guess that helps.