Serious question about pay and equity. I’m slotted for a promotion to VP of Ops soon (date settled), and the initial discussion brought to me for comp adjustments was $0 base adjustment, $0 bonus, and “some form of equity” unspecified. After poking, I was told “it may be $200k equity to vest”, and they’d “cave” and give me a 10k raise. Is $150k plus unspecified equity in a private company normal for a VP role bringing nine figures revenue?

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Equity seems very low, especially if it vests over multiple years. Base of $150k is very low unless you're in a LCOL. No base or bonus adjustment is definitely not normal or market. Do they have a cash flow problem?

No, cash flow is great, no concerns operationally. It’s not a Titan company, and I was coming from another severely underpaid role when I joined the company so they took advantage of that. I don’t want it to continue compounding. But I’m also pretty young for someone in my seat, which I’ve been reminded of many times over the last few years.

100% agree. That’s unfortunately been a reoccurring theme surrounding comp, so I’ve consistently fallen well below the average according to online sources.

Get the motion and dip because these people are fucked up

It definitely seems low. Especially your base. But if it’s an Ops role, then it’s internal facing so that might be the reason as well.

Got the promo a few weeks ago. No equity actually came with it, just the pay raise. And, it’s both internal and external facing.

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