Thoughts on the following offer for a corp dev and strategy role at a very large private company in a tier 2 city (10yoe)

Base: $230k
Cash bonus target: $50k
Annual LTI target: $50k


The bonus and the LTI have firm performance multipliers that have averaged between 1.4x-1.7x the last few years

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Pretty good in this economy. I'd take it and have similar YOE.

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That would put you around 400k total comp. I’d say this is a great offer, especially considering relatively lower COL in a tier 2 city.

While I am crying can’t afford a house in NY

likehelpful

Looks great. What is the vesting/payout period on the lti? Is it cash?

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After 3 years it is nice as you then have a payment each year but the delay makes a big difference if comparing to other options that maybe vest sooner or grow like equity.

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Seems like a compelling offer for T2 city and 10yoe. Assuming it is aligned with what you want.

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Thanks everyone, negotiated an additional cash signing bonus and accepted the offer!

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It’s a great offer

- signed a Corp Strategy and Dev Manager in a T1 city.

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Amazing comp for a senior manager in T2 city.

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What level? Manager? Director? Most I’ve seen for below manager level is 120-180k base

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Senior Manager

Seems great or I’m vastly underpaid

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I want to negotiate with IBM and Wipro & join any of these two.

Do these companies negotiate? When & how should I start negotiation with them ?

I would like to talk professionally so that they provide me a matching CTC or in case, they can't at least they don't block me for future openings.

Please suggest, if anyone can share their experiences.

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Silicon Valley Bank or American Express.
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🤝 PAY IT FORWARD:

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If the company makes less than $1 million per year or does not engage in intercontinental sales, the company is not required to pay the overtime rate of time and a half, just your base rate.

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