Newly promoted VP, grateful for the opportunity. I was told about my promo via phone. I still don’t have a final JD & I was verbally told my new salary “more than 10k increase”. I was under the impression I’d be having 1 team move under me. With unexpected org changes I now have 2 add’l teams w/ 4 more people — plus my orig team of 7. Overall I now oversee 4 functions. I plan to resurface seeing my final, updated JD & the exact salary. Looking for insight, is that increase low per addt’l scope?

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Totally depends on the industry. Some use the term VP because it makes you feel good and in a large company you might be a senior manager role. I had a span of control of over 135 with 7 managers reporting to me each with their own teams. I was running a 700m book of consulting business and was a senior manager. Not even director. So yeah it really depends on the company and industry. Finance for example nearly everyone that manages people is a VP tech / pharma / mfg not so much.

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Hard to say without specifics. My move from Sr. Manager (IC) to Director with 5 direct reports and 30 more below them was about a $60k increase to base, bonus multiplier from 30% to 45% and a large pile of RSUs. Those three combined mean $270k TC increase. VPs around here are few and far between and are seven figure folks.

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Yeah, big tech and AI adjacent. I’m a Dir and have been $465k (‘24), $492k (‘25), and close to $600k this year. Our stock price has been insane. One of our VPs retired a couple months ago even though it meant leaving a couple million in RSUs unvested. He had enough houses and Porsches

Our organization is very flat and there aren’t a lot of VPs compared to my last gig where it seemed everyone was a Sr. Dir or VP of something.

I think so - all in all my promo to VP was $100K more, half of that being equity, a quarter base and a quarter bonus

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