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Citi - SVP Salary Expectations for Tech / Controls
Looking at some SVP roles for technology / controls in the Southwest region. Glassdoor indicates $185-240k as range base comp, and target of $185-205k for average base. Is that accurate?
Glassdoor also targets $40k for variable comp. average. Is that accurate?
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Them getting offended and pissy if you do bring up such a thing = 🚩??
Coach
Banks really does not do sign on bonus or rsu, that is the reason tech is stealing talent from banks
Yeah I’ve heard this from a lot of new hires as well so I’m sure they do it more than they used to. Have to retain and acquire talent some how…
You honestly just have to bring it up. Let them know you’ll be leaving current YE bonus for the new role and as the new YE bonus will likely be pro-rated, ask them if they are willing to include a sign-on bonus. It’s better to specify a figure too instead of leaving that up to them.
JPM doesn’t do sign-on bonuses unless you’re an investment banker. They only have yearly performance bonuses.