So when it comes to salaries for CDs in NYC, the general opinion seems to be « under $200k is too low ».
From my experience (current job and interviews) and current job listings, most CD positions are 150k-220k, the majority of them caping at 200k. The common range seems to be 170k-200k. I’ve even read a study stating157k is the median salary.
However, there are often comments and shared experiences with higher numbers. Should I feel guilty about interviewing for 200k?

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I've noticed that in the past couple of years, CD salaries have gone done considerably. They were at least 200k, more in the 220 and above, now they seem to be capping at 200k

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So I’m not crazy. Things are bad rn.

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Never. We are worth way more than the salary range. And, 150 is the national median, not NYC

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You gotta do what you gotta do. Salaries in general have been quite depressed lately.

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Seems like « things are dire »

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I mean just because they’re down on average for us doesn’t mean wages aren’t up and unemployment isn’t down for others.

As a Creative Director in Arizona, the average here pre-2020 was 90K. However, that was because all CD positions were on location. Now, they are mostly remote which has raised the average salary. In AZ, the average is now 150K. Many companies have regionally salary listings (CA and NY being amongst highest).

Salaries have long been higher in NY and SF due to high costs of living in those cities. But the supply of talent is high and right now - so they can get people for much less.

Salaries in the industry have fallen for 2 years straight now. Back in 2021 a NYC CD range 200k-250k, now it’s 150k-200k. There are always exceptions, of course, but hopefully once the industry recovers it will begin to rise again in terms of compensation.

In 2014, if you were going to make more than $200K at WPP, Sir Martin had to personally sign off on the hire, and he would only assess these hires quarterly. So CDs were always brought in at $195K. That was essentially the only way to get them hired. If they wouldn't play ball, they'd be freelanced for 1 or 2 cycles. It was an amazing waste of money and a lot of CDs made bank. 10 years later the structure remains.

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