Amazon Program Manager Pay Compared to Other Companies

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Amazon program managers can expect to earn a base salary between $114,000 and $160,000 per year.

Compared to other tech giants, Amazon's program manager salaries are generally lower than those at Google and Microsoft, but higher than those at Facebook.

Program managers at Amazon also have opportunities for bonuses and stock options, which can significantly impact their total compensation.

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Amazon Program Manager Pay

Amazon's Technical Program Managers are paid a median yearly compensation of $275K, with salaries ranging from $167K for Level 4 to $496K for Level 7.

The total compensation package includes base salary, stock, and bonus. For example, a TPM at Level 4 earns $137K in base salary, $21.8K in stock, and $7.7K in bonus.

Amazon has an irregular vesting schedule, with 5%, 15%, 40%, and 40% vesting periods. To calculate the average total compensation, the total stock grant is divided evenly by 4, and the sum of sign-on bonuses is averaged out over 4 years.

Across All Levels

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Amazon Program Manager pay varies greatly across different levels. As a result, it's essential to understand the different levels and how they impact your salary.

The average salary for a Program Manager at Amazon is $114,445, deduced from comparing salaries from Glassdoor, Paysa, Indeed.com, and LinkedIn.

Amazon has 12 tiers, with the highest salary ranking being Level 11, where Senior VPs can earn over $1 million per year. The lowest level is Level 4, where newly hired full-time employees start with annual salaries ranging from $50,000 to $70,000.

To give you a better idea, here's a breakdown of the average salaries for Technical Program Managers across all levels:

Keep in mind that these figures are based on the total compensation packages, including base salary, stock, and bonus. The median yearly compensation in the United States package totals $275K.

It's worth noting that Technical Program Managers are responsible for driving technical projects from start to finish, and their salaries are 30% higher than the national average.

Senior

Credit: youtube.com, Amazon Student Programs: Sr. Program Manager

As you explore the world of Amazon program management, it's essential to understand the pay scales for different roles. Let's start with the Senior Program Manager position.

The average salary for a Senior Program Manager at Amazon is around $152,268, based on data from Glassdoor, Paysa, Indeed.com, and LinkedIn. This figure takes into account both base and additional compensation.

Here's a breakdown of the average salary for a Senior Program Manager at Amazon, based on the data from these sources:

Keep in mind that these figures are averages, and actual salaries may vary depending on individual circumstances.

Negotiation and Comparison

When starting a salary negotiation at Amazon, it's common for recruiters to ask about your wage history or current salary, but it's not a good idea to disclose your current salary.

Amazon's compensation approach is constantly changing, and it's essential to know the full range for each component to optimize your negotiation. Early 2022 numbers are already coming in higher than the 2021 numbers.

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You can easily find Amazon's job listings online to determine if you're close to or at the base salary ceiling, which will help you know ahead of time whether you can negotiate your base salary or only equity and signing bonuses.

Amazon's comp team operates like a bureaucracy, where through trial and error, you can figure out how to reliably turn specific pieces of information into your target output.

Negotiation

Amazon's compensation approach has changed significantly in 2022, making it crucial to know the full range for each component to optimize your negotiation.

To start, it's essential to understand that Amazon recruiters often ask about your wage history or current salary, but it's not a good idea to disclose your current salary. It's also common for them to inquire about your desired income.

Knowing the base salary ceiling is a good starting point, and you can easily find this information on Amazon's job listings. Amazon also fundamentally changed how they structure offers, removing artificially low base salary caps.

Here's an interesting read: Is a Debt Management Program a Good Idea

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To create leverage, you need to make it believable that you're considering other options but would prefer Amazon if the compensation is comparable. This can be challenging if you don't have other offers or if your other offers aren't higher than the top of band comp numbers you're targeting.

Amazon has unusual policies, such as assuming 15% stock appreciation in their offers, which isn't openly disclosed. This means they may claim to have "matched" a competing offer when in fact their offer is much lower.

To successfully negotiate, it's essential to decide on anchor numbers and target numbers with the goal of securing a top of band offer, based on verified data sets.

A different take: Amazon Pay Fuel Offer

Other Companies

Google's average salary for Technical Program Managers is significantly lower than Amazon's, at around $170,000 per year, according to industry reports.

Microsoft's average salary for TPMs is around $180,000 per year, which is slightly higher than Google's but still lower than Amazon's.

Intriguing read: Google Pay

Credit: youtube.com, 3 steps to getting what you want in a negotiation | The Way We Work, a TED series

Facebook's average salary for TPMs is reportedly around $200,000 per year, making it one of the highest in the industry.

Apple's average salary for TPMs is around $220,000 per year, which is significantly higher than Amazon's, but this may be due to the company's smaller size and more limited job openings.

Tier-2 companies, such as IBM and Oracle, offer significantly lower salaries for TPMs, with averages ranging from $120,000 to $150,000 per year.

Frequently Asked Questions

How much does L5 program manager make at Amazon?

An L5 Program Manager at Amazon earns an estimated average salary of $159,908 per year, which is 4% higher than the company's average salary for this role. This salary is based on industry estimates and may vary depending on factors such as location and experience.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

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