> Is anything changing with Amazon’s RSU program?
> Yes, we’ve heard from our hourly fulfillment and customer service employees that they prefer the predictability and immediacy of cash to RSUs. We will be phasing out the RSU grant program for stock which would vest in 2020 and 2021 for this group of employees, replacing it with a direct stock purchase plan before the end of 2019. The net effect of this change and the new higher cash compensation is significantly more total compensation for employees, without any vesting requirements, and with more predictability.
note,
> significantly more total compensation for employees
but is that at current AMZN prices or projected prices?
Take a look at the chart for AMZN zoomed way out. All I see with this is they want to hold back those high-growth RSUs and they're paying out in cash to distract people from looking into whether this is actually a good deal, long-term.
>All I see with this is they want to hold back those high-growth RSUs and they're paying out in cash to distract people from looking into whether this is actually a good deal, long-term.
Most of the questions at the all-hands meeting held at my FC today were about stocks, so if they wanted to distract anyone, it didn't work.
It seems like a definite good deal for part timers and full timers who don't stay two years. For everyone else, I mean, working at a fulfillment center shouldn't be part of a long term AMZN investment strategy. Full timers already get their 401K, and the extra income seems more useful than a couple of shares years down the road.
> Is anything changing with Amazon’s RSU program? > Yes, we’ve heard from our hourly fulfillment and customer service employees that they prefer the predictability and immediacy of cash to RSUs. We will be phasing out the RSU grant program for stock which would vest in 2020 and 2021 for this group of employees, replacing it with a direct stock purchase plan before the end of 2019. The net effect of this change and the new higher cash compensation is significantly more total compensation for employees, without any vesting requirements, and with more predictability.
note,
> significantly more total compensation for employees
but is that at current AMZN prices or projected prices?
Take a look at the chart for AMZN zoomed way out. All I see with this is they want to hold back those high-growth RSUs and they're paying out in cash to distract people from looking into whether this is actually a good deal, long-term.