Hi there,

Just joined S&C from 8 YOE in industry. Joined as M1, but was also a manager in former industry role. How soon is reasonable to be thinking about promotion Senior Manager? What kind of salary increase comes with this promotion?

Also, I negotiated current salary when the offer came 5 months ago now, not taking into account high increases in inflation. Do salaries get adjusted for inflation? And if so, when?

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You will probably need to wait for at least 3 years (and that’s the very best case scenario) before getting promoted to SM. There is currently a massive queue of managers trying to make SM.

Salaries don’t get adjusted for inflation. You can request it, but highly unlikely your request will be fulfilled off cycle

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Thanks, what kind of annual pay rise do managers get (without promotions) in that case?

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Usually 0-4%. Nothing dramatic, and given current inflation rate it will probably be well below it

Thanks so much. I guess I have one more question… Would anyone be able to advise on the average salary for a manager coming into S&C with 8 YOE from industry?

Not sure, I would assume it’s around 75-80k

Thanks!

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