I track comp data across big tech for fun (occupational hazard), and PMs at Amazon specifically are underrepresented in public data. Pulling together what I have.
Amazon PM Level 4 (PM 1, typically early career or new to Amazon PM track): Base: $140k-$155k Seattle RSU: $120k-$180k over 4 years with the usual backloaded schedule Signing: $30k-$45k split over 2 years AIP: 15% target Total year-1 all-in: roughly $195k-$215k
Amazon PM Level 5 (PM 2, your 'senior PM' equivalent at most companies): Base: $160k-$175k Seattle RSU: $200k-$350k over 4 years Signing: $50k-$80k total AIP: 15-20% target Total year-1: roughly $245k-$280k
Amazon PM Level 6 and above (Director of PM / Principal PM equivalent): Base starts approaching $185k-$200k RSU gets into $400k+ range These roles are harder to get data on because they're much smaller pools
Few important caveats. PM comp at Amazon is notably lower than equivalent PM comp at Google or Meta when you look at total year-3/year-4 comp. Amazon PMs are generally not competing favorably on comp against Google L5 PM or Meta IC5 PM levels. The difference is meaningful, like $50k-$100k in out-years for comparable level/experience.
Where Amazon wins: scope and ownership. Level 5 PMs at Amazon often have more actual P&L and launch ownership than PMs of equivalent tenure at Google. Some people find that worth the comp gap; others don't.
Negotiation for PMs works similarly to SWE: base is sticky, RSUs and signing are where the movement happens, and competing offers are the main lever. One PM I know got RSUs bumped from $220k to $300k grant with a competing offer from Stripe.