Just got promoted to manager at my company. How does this compensation package measure against other FP&A manager roles in Chicago?

Base: $176k
Bonus: $35k
Equity: $110k

like
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Congrats! How many years exp? That seems really solid for Chicago.

like

Thank you! 8.5 YOE + MBA

likehelpful

That's honestly one of the best fpa packages I've seen

like

Agreed, knocked the cover off the ball and got some equity with it

Recent IconRecent

Congrats! It's great when you can work for a company that recognizes your worth and pays you accordingly. Wishing you all the best in your new role!

like

Thank you!

That’s a solid package - congrats. From what I’ve seen, this is on the higher end for manager level roles - closer to sr manager (from a base comp and bonus perspective) or jr director (one with not many YOE). I typically haven’t seen equity for managers aside from startups (where this appears fairly comparable to what I’ve seen, though often at startups you won’t have this high of base & bonus). Mind sharing what type of company / company maturity? PE or VC backed?

likehelpful

Yeah for sure - it’s a FAANG company

like

Yeah this is really solid, that base is higher than avg for FP&A manager.

like

Equity piece is interesting! I’ve never seen one in FP&A. My base is 190k but I’m in nyc

like

No equity? I’m a senior analyst in fp&a and I get $15k in RSUs a year

The FP&A subreddit is active, and you’ll see some good salary data there. This is a great comp package. It’s rare for a manager to pass $150k in base salary - at least from what I’ve seen outside HCOL. You’re just over $200k before equity, which is fantastic. I think you’re definitely getting paid your worth right now.

FWIW, I make $95k + 9% bonus and no equity in a a LCOL city working for a manufacturing company around $3-4B in revenue. I think our managers may be closer to a $115-130k base plus a 12-20% bonus (the majority is closer to 12-15%) and still no equity.

likehelpful

Wow. That's insanely great. I'd be happy if I ever get that package! Anyways, congratulations and best of luck!

like

Thank you!

Equity seems pretty high! Good work!

like

I had an offer last year for Sr. manager role at MSFT for 160K base, 20% Bonus, $200K equity over 4 years. I’m in a MCOL city, so I assume the offer was adjusted for that. I assume I could’ve negotiated up to 170K base as an external hire.

likehelpful

Great reference point! Thanks for providing

Agreed 😳

like

Well compared to a MCOL city, I’m at fortune 200 and at $110k with a 10% bonus (which we won’t hit)

like

Love how you can’t just simply google this

funny

This questions are LITERALLY the purpose for this app.

Not sure why you have to be a passive aggressive dick about it.

like

How many years is equity vested over

like

4 years

like

Wonder what went down to make that happen lol

funny

Damn, nice equity pkg! Is that annual?

like

Equity can be refreshed every year but it vests over 4 years. So I’ll get the equity in 4 equal installments (from a # of shares perspective)

Did u negotiate?

Unfortunately our company policy is that there is no negotiating on a transfer, just a sort of “modeled” package based on prior performance. Put another way, I tried but didn’t get anything extra for the negotiation lol

like

What does your role encompass? (duties, tasks, etc.)

Wow! I didn’t know they had locations in Chicago

Related Posts

What sort of salary does EY consulting pay Senior Mgrs?

Hi fishes,
What is the salary range of DCEO L4 engineer at Amazon?
Need your help.

like

Hi Bowlers,

Had a few job offers on the table from CPG and Tech (non-FAANG) companies for Senior Analyst type roles.

Without negotiating it seems like Tech pays more, is that true? Or can I still negotiate more with CPG companies?

Thanks,

like

What’s your can annoying help with Capgemini invent Accenture and baringa manager grade total comp please?

funnylike

Anyone know what the average wage for working in a bar/ restaurant in Dubai is I’m thinking of taking an offer to work there but I’m not sure what I should be looking for salary wise

Anyone have compensation experience as a Training Lead with some reports under in cruise industry or in general, what is a fair salary expectation?

Hi fishes, I shall be joining CG as C2 in DevOps program! Let me know the work culture, wlb, job security about CG. And whats the CTC range for people like us. Yoe-9,5 years. Would be joining from Ericsson!

like
like

How do you all combat imposter syndrome?
Just got an offer for $40K more - I’m concerned if I can do the role…

like

I have a offer from ey india - client morgan Stanley with offer - 23 lpa fix + 20 percent variable. I will be working from pune location. Project will be somewhat relevant to fraud detection
Another offer is from citi with 24 lpa,project related to market risk And third offer from hsbc of 20 lpa with project related to insurance domain and i will part of a team they call as api team.
Want to understand which offer should i go for ?
My priority is wlb and technical gowth, company culture

likesmart

Hello guys,
I am a Senior AD in New York and trying to move to Canada. I'm trying to apply as SAD or ACD, but what would be a right salary range I should ask? (Agency side, 6 years of experiences)

like

Anyone know the salary band for Senior Consultants @ Capco in Dallas?

like

Does citi premier have a referral bonus?

like

Hi Fishes,

I'm a talent acquisition manager with 7YOE in same organization. I have cleared all interview rounds with two different companies @Hapag Lloyd and @Frost&Sullivan. Presently awaiting last round call for compensation discussion. My current CTC is 9LPA. What should be the fair ask from my end. Please help.

like

I'm a Senior SE I. My team is hiring for a Staff SE, which is 2 levels above me. I want to apply but my boss' boss said I'd have to be a Senior II first. I told my manager it'd take the new hire at least 6 months to learn about the system, which I'd help them with that, so I'd work at the Staff level without being paid for it. My boss said he'd bring it up with his boss.

I just got an off cycle raise this month, and I don't want to sound greedy. How'd I counter if I was declined again?

Hi Capgemini folks, anyone here who left the company in the first year and returned the joining bonus amount?

I wanted to ask whether they will ask to transfer the JB amount or just deduct it from FnF, assuming the FnF amount (last month salary + leave encashment) is > JB

Need help with 2 QQ about Accenture

1) Can you become people lead before your 1 year work anniversary?

2) If Someone joins in April, will that person be eligible for the comp review and bonus?

like

School Social Workers. What’s your salary? Is 65,000 annually a low offer? Should I negotiate and use my experience for more? Thoughts?

like

Can you typically negotiate post MBA consulting offers?

likehelpful

Can I hire someone to negotiate my salary? The company has HR, why can’t I have a guy?

funnylike

More Posts

Hi fishes ,
Can you please guide me how much we can expect for 5 YOE as SAP PP/QM Consultant in current market situation.
Advance thanks

like

Does anyone have experience using the Hilton diamond guarantee? Looking to book a room for NYE - any chance it won’t be honored?

like

Any salesforce fish willing to refer me? 9 yoe, interested in TPM roles

like

Do partners usually work the most hours? That seems to be the case with our office. I’m not sure I want to try and be partner if I get rewarded with more work.

like

Want to jump back into SWE after spending a year and a half doing tech consulting and architecture. 8 and half YOE and a MS. What are the FAANGs or other companies worth targeting? Going to start studying

like

Hi

My joining in pwc got extended for a week and i haven't requested for the same.. is there any specific reason or should i need to look for some other offer. I am bit worried and confused

like

Hi fishes. I am having 4 years of experience in Rpa UiPath. Coforge is paying me 21 lpa and 1.05 lpa variable and Ey GDS is paying 17 lpa fixed. Which one is better?

In this Assurance-Consulting split, where would the SaT and Tax service lines end up?

like

Any idea when the office in magarpatta becomes operational?

like

Thoughts on the feasibility of a 5-10% discount on a blue dial 126234 (36mm Rolex Datejust)? I haven’t started seriously looking yet.

Hoping you guys have some insight.

If someone were to get COVID-19 while traveling domestically for client work do you think they could sue the firm or get any kind of worker’s compensation?🧐

like

What are the biggest challenges you have had to overcome as a sales/solutions engineer?

like

Real question: with all the scared people(myself included) in audit and tax with layoffs is advisory the only industry safe? Maybe specifically technology advisory as tech seems to not be slowing down

like

I got promoted today and I’m not sure why. I don’t feel ready. Is this imposter syndrome?

like

How do younger Females feel about dating or getting into a relationship with older people, age gap 5-6 years 🤔

Genuine responses

like

EY vs. Accenture for cyber security consulting? Have an opportunity with both. Let’s hear it.

like

There is a special place in hell for people who merge cells and add spacer columns.

like

We have a friend for the weekend! The chunker in the front is working hard to get to a healthy weight! My dog (in the back) is unsure how he feels about this new visitor 😁 Happy (almost) weekend, everyone!

Post Photo
likefunny

Any other jr art director annoyed with their copywriter working half the hours for equal pay?

No? Just me? 🙄

like

*Hlo fishes,I am currently working as a HR, I am looking for job as a Business analyst. Please help me to find my dream job.
* My skills are MS Word, advance excel, SQL, Good Communication and interpretation skills.
* i am a fresher.
* Any company big mnc or a startup company , I am ready to work with 100% efforts.
Thank you for reading my post .

like

Additional Posts in Finance

Associates: How many of you got promoted after being an analyst vs. got recruited post-business school?

like

Had some credit card charge offs come up from U4 review and I didn’t payoff. Not proud of it from when I was younger but they’re off my report since it’s past 7 yrs but still within the 10 yr U4 review period. Will this impact employment?

like

Have you ever felt everything is falling apart even through everything is great on power?

like

Which industry groups are y'all in? Are you happy with it? I'm hating life in healthcare atm.

like

When a girl uses "🙃" emoticon, what does this mean? Fishbowlers -- please give me your analysis.

like

Best group in IB for hedge fund recruiting?

like

Hello Fishes,

I am currently working in healthcare as a coordinator and pursuing mba full time in Canada - I’ll be graduating in September.. I wish to get into finance, specifically investment banking or asset management or fintech. I already hold ~4 years of experience from India.
I would appreciate any leads or referrals in such industries.

like

Search firms are worthless for sell side lateral moves, no? They literally only send me jobs the company already posted online.

like

Does anyone else wish they traveled more for work?

like
like

Serious note... When do you feel fulfilled the most in life?

like

Every manager at Alphabet probably passed out with relief once Warren dropped out. No big breakups for now.

like

Hey all! So I got a job offer for 95k for a Sr. Regulatory Relations Specialist. Is this the average salary or a lowball offer? Personally, I am having a hard time finding the average role salary posted anywhere.

like

DM me for a referral to EY or EYP if you have over 1 year of professional experience. Great pay, most positions are location-flexible, and they are hiring like crazy.

like

In a shit relationship... need an exit strategy. SO is psychotic and clingy AF.

like

Anyone familiar with opportunities at short sellers? Either investing or in research, seems really cool but I’m not familiar with that world

like

How hard is 700+ GMAT? My SAT was 2200, wondering how long I'd have to study before comfortably breaking 700.

like

Interview tips for a fund management company- entry level role? (Other than researching about the company)

like

How to deal with insomnia? I average 4 hours of sleep a night and am always exhausted during work, but can't fall asleep! Do I just take melatonin forever?

How much work, if any, do you take home with you?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal