Amazon hiring hasn’t been slowed down by COVID-19 crisis. It continues to interview and make offers at a crisp pace. Today I’m sharing with you two recent Amazon level 6 job offers: one level 6 Manager offer, and one level 6 Individual Contributor offer. (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.)
Let’s start with the level 6 Manager offer.
- Job title: Software Development Manager (SDM)
- Level: 6
- # of years of work experience: 10+
- Base Salary: $160,000
- Year 1 sign-on bonus: $250,000
- Year 2 sign-on bonus: $195,000
- Restricted Stock Units: $740,000 worth of RSUs
- RSU vesting schedule: 5%/15%/40%/40%
Total Compensation:
- Year 1: $447,000
- Year 2: $461,000
- Year 3: $456,000
- Year 4: $456,000
- 4-year Total: $1,820,000
Now, let’s take a look at a recent Amazon level 6 Individual Contributor offer:
- Job title: Software Development Engineer (SDE)
- Level: 6
- # of years of work experience: 10+
- Base Salary: $158,000
- Year 1 sign-on bonus: $265,000
- Year 2 sign-on bonus: $220,000
- Restricted Stock Units: $600,000 worth of RSUs
- RSU vesting schedule: 5%/15%/40%/40%
Total Compensation:
- Year 1: $453,000
- Year 2: $468,000
- Year 3: $398,000
- Year 4:$398,000
- Total: $1,717,000
Observations:
- A frequently asked question is if a manager gets paid more than an individual contributor assuming they’re at the same level. In the above example, the 4-year total compensation for the manager is $1,820,000 while the 4-year total compensation for the individual contributor is $1,717,000. In other words, the IC is paid 5.7% less than the manager. The difference is small. In above examples, both individuals have 10+ years of work experience. Their seniority is comparable. I’d say that manager might be paid a little bit more, but not much more than the IC. However, once you progress to director level or above at Amazon, people on the managerial track gets paid A LOT more. That’s why if you want to make million of dollars a year at Amazon, you need to get to higher level with increasing managerial responsibilities.
- Both offers are at higher end for level 6 position. There is a very wide range of offers for level 6 positions. Some offers are at the $220K -$300K range. Both offers above are in the $400K range, which is impressive. Amazon has a very flat org structure, so within a given level, the compensation range is very wide.
- Because of the sign-on bonus, the total compensation for year 1 and year 2 are higher than year 3 and year 4. However, my calculation did not take into account future Amazon stock appreciation. It’s likely that Amazon stock price will reach new heights in the post era.
Need help to nail your upcoming interview with Amazon, Facebook, Salesforce, Google, Microsoft or other tech firms? Sign up for my 1-on-1 personalized interview coaching programs. Check out my coaching page with details, a list of recent job offers, and client testimonials.