Finance

Fishies - how does your firm treat comp in promotion year? I’ve heard several say base will be flat from VP to Dir. Is this true at your firm? Is the strategy to just get title and bounce?

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I’d rather move without the title and negotiate with a firm who value my skills rather than stay with a firm who clearly don’t understand market value of niche skills they rely upon

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Up 10% total performing at a 4 lvl, base went up 4%

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That’s basically flat I have heard that directors can make less than vp since they’re formula driven

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No. Formula like md...no deals no bonus

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Sounds like it. I’m currently trying to get Dir and my MD suggesting that a lot of Dir are only earning about 5k more than I so is it worth the push. My response: not my problem that they only earn that much, I’m a specialist and the market is in high demand for those skills. My other response was ‘well, so long, here’s my resignation’

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Definitely not flat...

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