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If someone wants to pay me the same or more to be an individual contributor / analyst I'm all ears ;)
Title bloat. Been around forever, some industries are just now catching up. I've interviewed managers that managed 0 people and have heard of directors that do the same. And apparently in the finance sector specifically VP is little more than senior analyst.
It has 2 functions basically. It lowers turnover by making people feel like they're progressing, and for outward facing roles butters up potential clients. If I'm a big shot decision maker I don't want to buy software or what have you from a Sales Associate, that sounds like I'm going to Macy's. But having a call with a Businesses Development Executive Manager... now that's stroking the ego!
Lots of consulting roles exit into non-line roles. Very typical is Chief of Staff or Head of Strategy - which are often “head of deck making for more senior person” roles. Do well in that role in a company you like for people you admire, and then transition into something meatier.
SC1 I know your right but I still hate title bloat