Wow, if 350k is what they raised it to then what was it before? I thought Amazon engineers were rolling in money compared to non-FAANGs.
Amazon's compensation has historically been very RSU-heavy (aka, you are partly paid in stock), especially at higher levels.
It's literally the first sentence of the article
"Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously, as part of an overall increase in total compensation intended to help recruit top talent and retain existing employees."