Growth discussion with my C-level manager left me doubting my path.
I’m on VP level, there’s still SVP and EVP/MD above me. Leading a practice which is starting to take off. Topic was next level path and a review of my comp due to increased responsibilities.
The answer was that he sees the path to next level however I’m top of the bands already. Not just for my level, but also the next level. Currently at $288k +4% match +20% bonus, off well, but this is a motivation killer to me. Am I wrong?

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If you’re all maxed out, jump ship. Sounds like your company can’t give you what you want anymore.

likehelpful

The company isn't big enough to support significantly higher comp levels than. Either you plan to help chart the growth story as a company leader (so that your pay cap increases) or you jump ship.

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Yeah agree with the comments. If comp is the key motivator time to move. Your manager sounds like he/she was honest and direct in telling you basically to not expect a comp increase even if you make SVP (with the carrot that SVP sounds achievable and within reach).

Does sound like it’s a smaller company…your comp feels ok for a “VP”, but in my industry/company (I left for industry couple years ago) that pay is middle of road VP. SVPs are well above that. A bit apples and oranges but really just saying bigger companies have more room for higher comp opportunities in general. And your comp level is not at the level that it should be so rare.

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