Are you a software engineer, data scientist, marketing manager, fashion designer, or web developer? Are you considering a job at Amazon? Do you want to find out more about their salary levels and employee benefits? If so, this blog post is for you!
We’ve broken down the details of Amazon’s salary structure, as well as their bonus and equity plans. Read on to learn more about what Amazon has to offer its employees.
What are Amazon’s Salary Levels?
Amazon has categorized its available jobs into 12 levels. Each level corresponds to a specific job description and job complexity. These levels range from Level 1, which is an entry-level customer service position, to Level 12, which is the highest-level executive position.
The salary for each level is determined by the complexity of the job and the qualifications of the individual. Salaries generally increase as the level of the job increases. Amazon also provides a comprehensive benefits package to its employees at all levels.
This package includes medical, dental, vision, and life insurance, as well as paid vacation and sick days. Employees at higher levels may also be eligible for additional benefits such as stock options and bonuses.
At level 12, the highest level, there is just one person: “Jeff Bezos,” the founder of Amazon. At level 11, there are just a few persons, usually CEOs and SVPs.
Andy Jassy, Amazon’s president and CEO, and Jeff Wike, Amazon’s second most important person, are among the important people at this level. Wike, on the other hand, has retired as Amazon’s CEO of global consumer and no longer works for the company.
Amazon Director Salary
The starting pay for a director position at Amazon is $170,993. There’s an added bonus plus a bonus of $55,086. Thus, the total salary per year will be approximately $226,019.
However, in certain instances, there may be additional payments that may include bonuses, profit sharing commissions, etc. similar to these amounts to lower than 50K. In these cases, the total amount will be lower.
Amazon Area Manager Salary
The position is typically offered at lower levels on Amazon. Similar to the one before the salary is the base salary of $61,964, with an additional one that is $20,519. This means that the total pay per year is around $82,483 for this position.
Amazon level 1 salary
Amazon employees who are on Amazon level 1 typically make around $44,000 a year. The amount could increase as they acquire more experience, and can reach $135,000.
Most of the time, those who are appointed as employees in Amazon at this stage do not require any experience so long as they perform their job correctly.
Amazon level 2 salary
Although we don’t have a lot of information about the work skills and experience required to perform on this scale, typical pay at this level begins at 88,000 dollars annually. As with all other stages, as you get a greater experience you will earn around $211,266.
Amazon level 3 salary
If you’re looking to find the perfect Amazon position at the level of 3, you’re almost on the verge of being offered the highest-paying jobs on Amazon.
Those who are employed in positions that are at level 4 belong to the top Amazon’s highest-paying jobs. In addition, I’d like to note that Amazon employees working in Amazon level 3 jobs earn around $125,897 a year which could increase to $243,000.
Amazon level 4 salary
Individuals in Amazon level 4 and who wish to join Amazon in this category require at least one to three years of work experience. However, if you’ve got more than 3 years of experience, you may be able to work at levels that are higher than level 4.
If, for instance, you’re an experienced data analyst with five years of experience After passing an interview with success you will be able to start at level 5 instead of this one and make more money for your efforts. The average wage at this level is $166,000.
Amazon level 5 salary
The people who work at this level work in one of the most lucrative categories and require between 3 and 10 years of work experience to obtain these jobs. If you’re interested in knowing about Amazon’s level 5 salaries, I’m going to tell you that it’s approximately $200,000 per year.
Let’s say you’re an engineer in software at Amazon Your base salary is $161K, and your total payment would be $285K a year. Now let’s examine this against another position at the same degree. If you’re an analyst of data at the same level, your base salary would be $150K, and the total is $227K.
It is evident that there are different jobs on the same scale that have different pay. It is also true that one requires 3-10 years of experience before being capable of working on this scale.
Amazon level 6 salary
You can be employed as an Amazon Level 6 only when you’ve got between 8 and 10 years of work experience. This level comes with a higher pay range.
For instance, if you’re a business developer at level 5 level, you’ll make $211K. However, if you’re at level 6 and are an executive, you’ll make 309K. There is a difference! The typical base salary for this position is not lower than $200,000.
Amazon level 7 salary
Level 7 is among the Amazon professional levels and usually, you require at least 10 years of work experience to achieve a position in this category.
I would also like to add that employees at level 7 typically are selected from those who have been employed by the organization. They do not earn less than $300,000 per year.
Amazon level 8 salary
The minimum wage of Amazon Level 8 employees is higher than $600,000. There are only a handful of specific jobs available at this level, and those at this level are able to make over one million dollars or over.
Directors, senior executives, and managers operate on Amazon level 8, which is level 7 of knowledge and experience.
Amazon level 9 & 10 salary
Similar to Amazon level 2 we don’t know much about the people working in this category, other than that they are highly-respected and experienced professionals that do not earn less than one million dollars per year.
Similar to Amazon level 2 we don’t know much about the people who are employed on this level other than that they are highly-respected and skilled individuals who earn no less than one million dollars per year.
Amazon level 11 salary
As I’ve already mentioned concerning Amazon level 11. There are some SVPs and CEOs at this level. Furthermore, there’s no data on their salaries. They could earn as much as a million-and-a-half annually.
Amazon level 12 salary
The CEO Jeff Bezos is at Amazon level 12, with a net worth of 119.2 billion USD
Amazon’s salary levels can be a confusing topic, but I hope this article helped to shed some light on the subject. What do you think of Amazon’s salary levels? Let us know in the comments!