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Rising Star
You get one extra bad thing hidden by hr per year.
Rising Star
Take that as
one-extra bad-thing
Or
One extra-bad thing
You decide
You’re a heartbeat from the presidency.
The responsibility of having to take over if the president falls ill or dies
Laid? My friend was asked by a VP to be his sugar baby. 😂
She didn’t do anything really, she just sent him feet pics. (I can’t believe that there’s a market for that.) Drinks were on her last time we hung out so I support it haha.
Rising Star
Some places give Shares or Equity and extra health perks. Like an annual contribution towards gym memberships and additional insurance.
15k and an admin to do your expenses & travel. So, basically nothing.
I’m too type A to let someone else book my travel [I also travel surprisingly little in my current role, which I love]
Misery?
Extreme jadedness
Even if you’re not deserving, the agency can still bump up your billable rate. The only upside is your utilization goal is lowered but they make it up with increased hourly rate. A win-win for the agency, not much for you.
Rising Star
More money usually
Nope
Of course! Titles matter for a myriad of reasons.
I always wondered about this, too. I once worked for an agency where pretty much everyone who had been there for a few years was a VP.
I was debating whether I wanted to wait to find out... I’ve heard there is barely a pay increase between AD and VP. But now with COVID-19, I am more afraid of “last one in, first one out” at another agency 🤦♀️
I don’t think it means anything if you are in NY. Outside of NY I feel that it does.
There are so many VPs art agencies. I mustve bumped into10 in the elevator each morning on my way into the office. (Pre Covid of course)
It’s just a way to insert another notch in the pay scale. Like those 1/8” calibrations you see on an old wooden ruler
You get a VP title when you've reached the very max within your pay grade and they need to slap on more titles to justify either pay or perks. Then you have to show up to VP meetings where fellow VPs chin wag about the agency and pretend to shepherd the place. That's my experience, I dunno about elsewhere.
My VP came with a pay bump, extra PTO and a larger max bonus percentage. And likely some office judgement.
I went from an Executive Producer to a VP, Executive Producer. The hard part was explaining it to my dad who just kept asking, “What are you the Vice President of...?”
My VP title came with profit sharing, higher bonus, more PTO... SVP was more of the same plus plus and an Admin and metric shit-ton of headaches
Not really. It’s more of an acknowledgement of the amount of time you’ve been in a management role with the company at my agency.