Moving to Philly and taking a new Director role. Negotiating salary. Is $190k + 25% bonus + LTIP good for living in Philly. Currently 210k Cad + 25% bonus is Canada

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It's fine but probably lower than you're getting now unless you're in one of the higher COL areas of Canada

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I live in Philly; I have a very, very nice 3BR in center city - all in payment is $3600/mo

$190k is good comp in Philly

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Damn haha :/ I hunted and hunted for that cost lol that's why

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That’s a solid comp for the Philly area. If you have a family and care about schools, space, etc. suggest looking at south Jersey. Short commute and good areas in cherry hill, haddonfield,voorhees, etc.

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Need more info on the LTIP to properly assess

65k USD LTIP - most likely, part of negotiation

You’ll have a higher standard of living.

Where in Philadelphia area (you’ll save on housing)

Thank you, thts good intel.

What firm

The biggest and most important factor - what’s your YOE

YOE - 18+ lateral move

Same company ? I think if it’s the same company then you should have an internal benchmark already, and I don’t think it’s be too negotiable

Not same company, moving firms hence the negotiation

Depends where you move in Philly too. That kind of TC on the Main Line would put you bottom quartile

Seems u r joining EPAM...is that right?

Still negotiating a couple of offers in that area, NY and back home

What are the LTIP terms? Vesting period? Cash or equity? Increase over time? Performance or retention based?

Vesting period 4 years, performance based - pretty standard

Agreed that it'll differ by perspective. Just saying the obvious that cash has max upside until pocketed and because you don't pocket until after your 4 year vest, you lose that in time value

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