Amazon Business Analyst L5 Salary
Amazon Business Analyst L5 Salary – Amazon is not just a place to buy products from customers and sell products from shippers; you can also find work on this platform.
Due to the many Amazon offices around the world, a person can find almost any type of job in it and choose them at will based on their field and skills. The article you are reading now is going to show you how these job requests are organized on Amazon and some examples for each of them.
Amazon Business Analyst L5 Salary
As you might find out on the Amazon site, they have categorized all job applications into twelve levels and each level has its own salary range and description. To better understand what we have at Amazon, we have briefly explained each level to you.
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Before I read the description of each level, let me give you a brief introduction of the whole process; as mentioned earlier, there are twelve levels of Amazon, which at Level-12 is Jeff Bezos himself. Level-11 includes the recently announced CEOs, Jeff Wilke and Andy Jassy, and all the SVPs (about 20 senior leaders). At Level-10 and Level-9, everyone is VP (several hundred).
Furthermore, Level-8 is for directors (several hundred), Level-7 for senior management (several thousand), Level-6, 5 & 4 for managers and individual contributors (several tens of thousands). Levels 1, 2 and 3 are primarily for support staff, FC staff and similar roles. Fresh graduates join at Level-4, while MBAs join at Level-6 or 5.
According to Glassdoor, the Level I salary curve is collaborative between locations and employers. The salary starts at $43,813 per year and goes up to $134,118 per year for the highest seniority.
According to Glassdoor, a Level II salary career starts at $88,012 per year and goes up to $211,266 per year for the highest seniority level.
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According to Glassdoor, Level 2 hourly wages at Amazon can range from $14 – $19. When bonuses and additional benefits are factored in, a Level 3 at Amazon can expect to earn an average annual salary of $35,006.
Full-time workers entering the workforce start at Level 4 with a salary range of $50,000-$70,000 per year. A typical Amazon Area Manager L4 salary is $52,141 per year. L4 Regional Manager salaries at Amazon can range from $47,857 – $65,804 per year. The average sign-up bonus is $26,000.
According to Glassdoor, the average salary for a Level 5 Regional Manager is $85,984 per year in the US, 0% lower than Amazon’s average salary of $86,562 per year for this job. Amazon Level 5 Regional Manager salaries can range from $59,154 – $101,513 per year. The average sign-up bonus is $21,000.
Level 6 in Amazon is a huge selection. There are post-MBA roles at the lower end of the spectrum and seniors at the upper end of the spectrum. According to Glassdoor, the highest salary for a Level 6 in the US is $107,170 per year. The average sign-up bonus is $17,000.
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According to Glassdoor, the typical Amazon Senior Manager salary is $167,325 per year. Amazon CEO salaries can range from $18,002 – $422,963 per year, with an average sign-on bonus of $16,000.
The pay cellar at level 8 (or CEO level) is about %15 higher than the previous level. You can see several job titles such as network with a base salary of $600,000 per year up to $1.4 million per year with bonuses.
You can see all the VP at this level, which is only a few hundred. Unfortunately, their salary range is not fully known.
As mentioned above, at this level, there are leading Amazon CEOs and all SVPs, so you cannot make any job requests related to this level.
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In this section, we have listed the recent forty job applications posted on the Amazon site. You can consider your ideal job and salary range by anticipating these typical requests and comparing them to your local jobs.
Thank you for reading. As we mentioned, jobs available on Amazon are categorized by their type. Never forget; the basic salary of a particular position at a particular particular level might not be the same in different countries. For more information, you can visit the Amazon website and explore the job you want. The goal of this guide is to equip you with the essential information you need for your upcoming Amazon salary negotiations. If you’ve recently received your Amazon offer letter, this guide will help you maximize your total compensation.
If your circumstances are unique or you would like 1:1 support to ensure you maximize your benefits, please sign up for a free consultation with our experts.
A typical job offer for a technical role at Amazon (eg Amazon Software Development Engineer) should include the following monetary elements:
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Your recruiter will share your Amazon offer letter with sections that outline each element that makes up your total compensation. The chart below shows the base salary and signing bonus segments.
We recommend that customers change the offer letter to a 4-year table. This helps you evaluate the offer from a TC (total compensation) perspective, which is especially useful given the different salary structures at large tech companies. The example below shows Amazon’s average salary for the 2021 L5 Seattle offer.
Amazon’s annual total compensation is actually higher in years 1 and 2 because it informally participates in the 15% annual stock appreciation. This is certainly a bold assumption, and we recommend that it not be considered when comparing job offers. See below for an Amazon recruitment email that outlines this.
A high-level overview of Amazon’s typical salary and overall pay structure is certainly helpful, but there are a lot of important nuances to each of these factors that are quite different at Amazon compared to companies like Facebook and Google. We’ll share as much general advice as possible below, but if you’re looking for some personal advice, we recommend signing up for a call with our negotiation team.
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Amazon famously had a base salary cap of $160K in Seattle ($185K in SF/NYC), and recruiters loved to remind candidates that Jeff Bezos was subject to the same base salary. However, in 2022, Amazon raised its base salary cap to $350K. Most roles do not reach the base salary cap as total salary is still made up of many factors. However, for senior clients and executives, your base salary can now be capped at $350K.
Since it’s impossible to raise your base salary above this cap (this is true, not an Amazon negotiation tactic), if your starting offer was $900K in the first year with a $350K base salary, it’s a much better strategy to focus your denial on the signing bonus and the RSU components.
Year 2 signing bonus. The reason Amazon offers this is actually related to a special component, the RSU, which we’ll cover in detail shortly.
A quick summary is that Amazon only pays out a small portion of their equity in year 1 and year 2, and as a result they offer signing bonuses in both years to ensure that the price is the same over all 4 years.
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Recruiters and hiring managers typically have considerable flexibility to increase signing bonuses. In some situations with highly competitive candidates, we have seen these numbers double from the initial offer to the final offer.
These signing bonuses are paid monthly for the first 2 years and are non-refundable (ie you don’t have to pay back the money you’ve earned) if you leave during that 2-year period.
This point is often misplaced in other articles, so we’ve included the wording we’ve seen in all of our Amazon deals:
“In appreciation of your decision to join us, you will be entitled to a sign-on payment of $151,000.00. This sign-on payment will be issued in prorated installments of salary upon completion of your first year of employment with the Company. Each installment will be earned upon payment.
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If your employment with the Company is terminated for any reason before the first anniversary of your start date, you will receive one final prorated payment based on the days worked in your last pay period. No extra installments will be paid.”
Finally, this bonus is taxed as ordinary, not special, income, which can be a tax break.
Many large technology companies vest RSUs evenly over 4 years. This means that if you receive $400K RSUs, you will receive the following:
This is the case with companies like Facebook and Microsoft. In addition, these companies have more frequent accrual days during the year. At Facebook, shares are vested every 3 months.
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However, Amazon does not follow this approach. Amazon RSUs are 5% in year 1, 15% in year 2, 40% in year 3, and 40% in year 4.
“Subject to the approval of Amazon.com, Inc.’s board of directors, you will be granted restricted stock unit awards in respect of 97 shares of Amazon.com, Inc.
These awards will vest and convert into shares over four years, as follows, subject to
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