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Citi - SVP Salary Expectations for Tech / Controls
Looking at some SVP roles for technology / controls in the Southwest region. Glassdoor indicates $185-240k as range base comp, and target of $185-205k for average base. Is that accurate?
Glassdoor also targets $40k for variable comp. average. Is that accurate?
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An MBA in and of itself will not magically unlock a raise in your current role/company, unless that's their policy. You would likely have to get an internal promotion or switch companies. Good news is that the MBA helps in that regard. Best of luck!
Congratulations and I hope you do !!!
I did not receive a pay increase after I graduated, had to change roles. Have you had your annual review yet?
I have had about 4 new managers in 1 year which is why I have taken on additional responsibility as in the interim I was backfilling for the “open” position. Since these responsibilities have become mine in my current role. I don’t have the best relationship with my current manager yet so the comfort is not there. I have voiced my desire to my director on continued advancement as well with my current manager. I have take on these “stretch” assignments and additional responsibilities.
The MBA isn’t the trigger but your responsibilities are. Over three years, you are probably more than ready for an increase. Please feel free to use the free app that I’m building to negotiate your pay. It has guides and scripts and you should definitely do it.