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SM is senior manager
1 is the first level senior manager

A first year SM is technically an SM1A, but that last letter isn’t usually used. At year end, if I get don’t move up to an SM2, they move laterally to an SM1B. It’s a lateral movement instead of a vertical movement with respect to the cohort grid we’re on that determines salary. The SM1B will be paid more than an SM1A, but less than an SM2B.

This is often used for people who maybe weren’t ready for promotion, like if they needed an extra year before moving from M to SM. It can also be used to sweeten the pot a bit for new hires. We are on a cohort based pay system so the pay is what it is and there’s not really room for negotiation. But they can offer a higher spot on the grid (laterally) they offers a bit more pay, which gives us more flexibility to attract talent.

I was literally just asking this question too. Curious as to how many letters are possible within each cohort level

For example I’m an SM1C, how close am I to SM2?

Great answer

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