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An agency scheme to over charge clients
Pro
Bingo
And they don’t really help show the amount of experience someone has. My title hasn’t changed in over a decade even though my knowledge is a couple levels above my title. And I’ve had to teach C-level people fairly basic things. Some times it bothers me when I see how quickly other departments elevate titles. But in the end, as long as I’m getting paid well for my knowledge and have decent hours, guess that works, too.
Rising Star
VP, Intern? 😂
I think SVP is just seniority and the next step up from VP, although an ex colleague went straight to SVP as a CD. 🤷🏻♂️
I've already seen AVP, associate VP
Usually it’s about the % of profit share (if independent shop) or how big your annual bonus can be for bigger shops.
Rising Star
used to be. but i’ve been part of and seen people with the VP title where profit sharing is not part of the agency model, yet they throw the title around.