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Chicago is not tier 1 lmao and I live here. San Fran, NY, Boston, DC are tier 1.
Agree to disagree. No state income tax in Washington and Florida significantly reduce COL and the nations highest state income taxes in California add to COL
McK1 is spot on. Also S& does not adjust salary by city tiers.
CHI is a tier 2 city...?
Anyway, 240-300 is right around the ballpark all-in range for EM-equivalent, lots of variability depending on performance and firm. If S& offers are negotiable you can stretch it to the higher end.
Thanks McK1. I typically only view NYC, LA, SF, and Boston as Tier 1 just due to cost of living.
@EY2 hard to say if it’s a jump at all considering the range provided
If LA is tier 1 by your definition than so is Seattle, Chicago, Miami and most certainly Washington DC which is more expensive than LA, Chicago, and Miami
What was your base OP? Is this a big jump for you?
There are no tiers. The range of base is based on time in grade. ~175-~220. Bonus is based on tier (performance rating). Range is typical Strategy comp.