On http://levels.fyi medians, an Amazon Director's offer pays $423K in year 1 and $1.19M in year 3. Amazon's stock vests 5/15/40/40. Year 1 gives you 5% of the four-year grant, and years 3 and 4 give you 40% each. Here's the L8 Director, sign-on left out: Year 1: $423K, 67% of it base Year 2: $643K Year 3: $1.19M Year 4: $1.19M That's why "TC" is one of the most misused terms in tech. So I work out Effective Compensation instead: what the offer pays per year once you account for how long…