I am being promoted from Counsel to Senior Counsel at a FinTech company. What sort of comp increase and bonus target increase would be reasonable to expect?

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Who knows. Totally dependent on company. Probably not as much as you think.

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Not in fintech but when I got a similar promotion there was no salary bump…

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When I was promoted, I went from 190k + 10% bonus (as Counsel) to 215k + 20% bonus + 30k annual equity grant (as Senior Counsel).

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u should leverage the promotion to expand your skillsets and lateral later to a better job. Prioritize your skills first as thst will open more doors

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I appreciate the insight. I don’t want to leave, I really like my manager, but I also really like money.

My target bonus is currently about 7.5%, could I try for substantial movement on that piece?

Does getting another offer and asking current company to match ever work out well?

Is it a major fintech? How many employees? Startup or public? Are they offering equity grants or will they be part of your comp going forward? There’s way too many variables here to know. Depending on what state you’re in you might be able to get the salary range from HR of a role you’re being promoted to under pay transparency laws. But if the company is currently hiring for similar roles then check a job listing to see if they listed a salary range. You should be within that range but outside hires almost always get more than internal hires.

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Hi Everyone! 

I'm currently recruiting for 2 in-house opportunities with a mission-driven FinTech startup based in Los Angeles. Both roles are remote, but the company is prioritizing CA based candidates. As such, you must be CA barred/or able to become RHIC.

The first role is for a Sr. Lending Counsel. The client is looking for someone with a strong financial services background to provide business and strategic counsel to internal business partners in support of (cont. below)

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