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by skellera 1252 days ago
This isn’t that different from US 401k vesting.

Like Amazon has a 3 year vesting period for 401k matches. If you leave before then, you lose all the matched funds but keep your direct contributions.

Not sure why this is news other than trying ride the “big tech bad” viewpoint.

2 comments

Amazon takes back all 401k matching if you leave before three years? That is very different from my experience at large tech companies.

Edit: just looked it up and it is three years. Brutal. https://www.amazon.jobs/cs/landing_pages/benefitsoverview-us

Yeah, Amazon has the worst benefits for big tech. They started “considering” improving things before the economy was going down but seems like all that stopped.

It’s more in line with “traditional” companies. Amazon is going more down the IBM route everyday. For any Amazonians, it’s day 2.

Damn, i guess that’s another reason to avoid working at Amazon. That is ridiculous.