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Those prefixes are confusing at best, meaningless at worst.
Are you saying you’re going from a group director to an MD?
The MD salary in NY is a wide range that depends on your experience, your role, and the size of accounts you oversee.
The range can go anywhere from $220K to $450K plus bonus
I agree with MD - I’ve seen SVPs at a major holding company who make less than I do now [at a mid size independent]. are you switching agencies or staying at your current ?
MD - Fair point. Let's say going from a Group Director in charge of several direct reports in a strategy function, to an EVP that is one level below a Managing Director. The MD would be the person responsible for running a specific agency. What would be reasonable to expect going from a SVP compensation of ~250k?
And this would be for one of the major agencies (Publicis, McCann, Omnicom, etc) in NY, Chicago or LA.
Contemplating a move from one large agency to another. Significant bump, but just wanted to know what the ceiling is for others.