In running for VP position at a large German firm with international presence. Comp guides seem awfully low for scope of the role: base of 200k Euros base and 50% individual bonus and possibility of adding another 50% annual retention bonus kicking in in year 3. They will throw in car benefits and education fees for 2 kids on top. How does this compare to typical VP positions in Europe? Does this sound about right? What do associate partners and partners at MBB make in Germany?

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Euro salaries are lower compared to the us

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(Con't) they said they prefer consultant profiles and are targeting associate partners and partners to fill this role. Any thoughts on whether this is a competitive package given the role (directly reporting to a C suite exec) and location (Germany)?

Sounds about right. I’m in Germany at one of the biggest companies there. VP comp starts at 200 and maxes at about 270k Total Comp.

Pro: all base. Con: all base.

Happy to chat since I made the move from the US before.

AFAIK MBB Partners are in the low 1MM range here.

Germany is boring af imho. And I’m German. Berlin is probably decent. The rest isn’t much fun.

It’s super safe and clean though. General infrastructure is very good.

Basic CoL is very low also - grocery, basic services, etc.

Service is really poor though. Germans call their own country a „service desert“. You’ll notice in restaurants and availability of service infrastructure (like dry cleaning pickup/delivery - baffles me).

Did you fully calculate the total comp? This looks like 400K not including the education fees which could be another 40K pre-tax and the car which is another 30K pre-tax. You are easily looking at USD $500K total comp. This is solid unless you are reporting directly to CEO.

Also - car benefits are taxable (not a huge deal but just FYI) and not sure what school fees are? Must be a private international school? Otherwise schools here are free or really cheap compared to the US...

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