Need a sanity check. I've got an offer at a mid sized biotech - SM level, $165k + 15% bonus + 15% RSU (annual award so won't come into the picture into year 2) and a $22k sign on bonus. From what I understand, that's good comp (MCOL area) for the title, but as an EM at a life sciences consulting firm (10 YOE), I feel like I should shoot more for AD or D level.

If I take the offer, is it realistic to look for a director offer in a couple years, or would most companies target AD after SM?

likehelpful
Posting as :
works at
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Think SM seems low, and I'd guess you'd have a better shot going consulting -> AD than SM -> D

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Yeah, that's what I'm thinking. Shame, too... I've worked with these guys for a while. Competitors hire ADs for this job.

Aligned with others that you can do better and get an AD at a smaller company likely. The better question is what is your EM comp and how does this compare. While titles are important if you are making more at this role then it’s always an upward trajectory in comp vs your current situation. If it’s a step back in comp then definitely apply more broadly and don’t rush your exit.

smart

Echo C2 above. If you know you want to go to Pharma - start getting the YOE sooner than later but at least AD exit is ideal.

I’ve seen plenty of exits from MBB to pharma - until 1+ year at manager level, D is going to be tough. Im not sure how other consulting firms slot into this but I doubt they slot M -> pharma SD

like

What kind of role

Incentive comp

This comp is about equal to a fresh post-MBA consultant TC or 1-2 year post MBA TC in some firms.

My personal view below.

I think you can do better than that with 10 YoE and being an EM (assuming 2-3 years post MBA)

I have 5 YoE and top MBA and I would not leave my firm for a role below AD at this stage, unless the TC is too good to compensate for that (220-250k). If I had 10 YoE, I would not consider roles below D, but not sure how much of your 10 YoE is relevant (e.g. how much in consulting vs what was before it)

AD is realistic. D is a stretch.

It's a good comp for SM- Mine is a touch lower and lower sign on and that's where I am but I'm also 8 YOE. You could probably get AD but depends on experience. D is a real stretch and you'll probs be looking for a whileeee before a bite

What's wild is I just interviewed for a D role. Didn't end up getting it, but that's a hell of a sign of the market we're in!

AD is realistic but your comp isn’t bad for a SM. Maybe ask them to fast track to AD based on performance in the next 6 mo or so.

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