, left after the company denied his request for a better pay structure.
"My family and I have been contemplating a move back to the Bay Area as my wife's family is there," Porter said in a statement. "We decided to take this unique opportunity to join an amazing high-growth startup in Scale AI." But things can get tricky because of Amazon's soaring stock price. For example, when you get promoted, you would expect to receive new shares on top of what you were promised when you first joined. However, if your previously set compensation plan ends up exceeding the pay range for your new position, due to the exponential rise in Amazon's stock price, the company won't give you any new shares.
In Porter's case, he wanted a wider pay range so that VPs at his level wouldn't face similar issues when they're eligible for a raise, according to people familiar with the move. It's a particularly challenging issue for VPs at Amazon because very few of them ever get promoted to the next level for a significant pay raise, which is the SVP position — a rare group of about two dozen senior executivesEmployees say this policy is a frequent topic of complaint internally.
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