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I work in the CPG food/bev space at an F100. SM base at midpoint is around 170k with 15% bonus.
Usually base is $140 - 200k with a 10-20% bonus
Director level goes $200-250k with a 10-20% bonus
OP - I’m a Manager, and Perdue, Hershey, and a few others have offered me $215-230k with a 20% bonus at the (Sr.) Director level, so definitely a paycut was required
I think it depends on the company. I have seen closer to $90-$120k for senior manager, $120-$175k for Director, and $175-225k for senior director. For a senior manager role, $130k is generous.
Where are you working that you’re making more than that? I was making $120k as a third year manager at Deloitte. Sheesh.
Thanks this is helpful! I work at S& and our post mba base is $168k
I’ve been hearing a lot of 145k (Fortune 500 / retail)
So with the note that title mapping varies between companies and bands overlap i have seen 110-$140K for manager and $140-$190K for Senior Manager.
Director is more like $170-$225K. Note these were not exactly strategy but for strategic finance / and sales /operations strategy roles. I have a friend in strategy at a F500 industrial who gave me similar numbers though.
These are base. Senior manager / director bonus targets i have seen 18-25%. Sometimes there is equity especially with tech companies.
$130k for senior manager, strategy in industry seems weak - currently hiring for a manager, cxi and the comp range is $100k-$150k plus 20-25% bonus, and not in a tier 1 city - expect to offer the selected candidate somewhere in the 130s
I work for a food/bev startup now as a SM with 180k base, 20% bonus, and equity