Today I’m sharing with you two recent Amazon.com job offers: one level 6 Product Manager (PM) offer, and one level 5 Technical Program Manager (TPM) offer.
- Job title: Product Manager
- Level: 6
- # of years of work experience: 5+
- Base Salary: $150,000
- Year 1 sign-on bonus: $55,000
- Year 2 sign-on bonus: $45,000
- Restricted Stock Units: $150,000 worth of RSUs
- RSU vesting schedule: 5%/15%/40%/40%
- Relocation: $15,000
Disclaimer: I have changed the data slightly to protect confidentiality but both the numbers and structure of the compensation reflect the current reality of Amazon offers.)
Amazon.com Level 6 Product Manager offer
Total Compensation:
- Year 1: $212,500
- Year 2: $217,500
- Year 3: $210,000
- Year 4: $210,000
- Total: $850,000
Now, let’s take a look at a recent Amazon level 5 Technical Program Manager (TPM) offer:
- Job title: Technical Program Manager (TPM)
- Level: 5
- # of years of work experience: 5+
- Base Salary: $150,000
- Year 1 sign-on bonus: $50,000
- Year 2 sign-on bonus: $40,000
- Restricted Stock Units: $100,000 worth of RSUs
- RSU vesting schedule: 5%/15%/40%/40%
Total Compensation:
- Year 1: $205,000
- Year 2: $205,000
- Year 3: $190,000
- Year 4: $190,000
- Total: $790,000
Observations:
- Amazon Level 6 has a very wide range. In my previous newsletter, I shared a couple level 6 offers that are in the $400K range. Those were at the higher end of Level 6 offer. For this particular Level 6 PM offer, the average annual total compensation is around $210K. It’s at the lower end, but it is a fair offer to the candidate who got significantly more than what he was getting previously.
- The Level 5 TPM offer is at the higher end of Level 5. Her average annual total compensation is $197,500, which is close to the lower end of Level 6.
- The key takeaway is that Amazon is a very flat and large organization. The compensation range within a level is very wide. And the compensation at the lower end of level 6 could be only a little bit higher than the compensation at the higher end of level 5.
- One common question I get from clients is if they should fight for a higher level. Here is my answer: it’s very hard to “fight” and convince Amazon to give you a higher level. In fact, most candidates should expect job title and level deflation. But, Amazon will put you in the right level for Amazon to make you a competitive based on your expected compensation, years of experience, professional and academic background.
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