Could you please provide some advice for comp negotiation? I’ve been at Deloitte my whole career. I love my job, but now I’m about to get an offer from a bank in a great role.

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Posting as :
works at
You are currently posting as works at

In 6-7 months?

likefunny

Well coming out of Consulting and assuming you are on a partner track in 6-7 months they better come up with a better package. Did they give you any idea how much you will be making? Bcz I will be accepting an offer from another big four with 40% salary bump. All Bcz of this new law

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New law in New York at least, cannot ask previous comp

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I’m scared to leave and think I’ll make PPMD in 6-7 if I stay. I need to get the greatest offer ever to cut the cord.

They never asked you for previous salary did they? Because that’s the new law

No, but I wouldn’t tell them up front anyway. That’s showing half your hand.

6-7 years lol

No comp discussion at all. Initial interviews then final round and cases. They said they want to move forward with an offer and will have me sync up with the hiring VP again to “take my pulse” before the offer

Are a manager at D?

Technically being promoted to SM

VP at bank makes around 175-195k with 20% bonus. I know a VP makes 180k and he has no one reports to him. He has a pretty chilled 9-5 job

What new law?

I know some bank’s have VP’s similar to Manager level at Big 4, but this one’s VPs are more like Director level, 10-15 years experience with elite MBAs

@EY1 not sure if it’s a new law or just something EY is doing

Yep^

The law applies to California too and many other states are considering it. They cannot ask for previous salary as it amplifies salary gaps specially for diverse groups and minorities

Yes Massachusetts was the first state to implement then last year October was go live. The law stem from the idea when a man and woman does same type of work and woman makes a lot lower salary than man. Like C1 said law prohibits employers to ask previous salary.

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