Wrestling with worth: I’m a VP at a mortgage firm in the Maryland / DC area. I’m post-MBA (non-target) with a finance undergrad and 13 YoE in marketing including consulting. I’m at $135K base after this last year of pressing for increases - and looking at exiting. How underpaid am I? What should I be targeting? I do the research, but I just need some coaching from women who live it also. I love my company, but I don’t think they love me.
I think you hit the nail on the head, “but they don’t love me “. You don’t feel that they value you and so it’s less about the money and more about respect and value for the work that you do. Generally speaking I would assume that someone with 13 years of experience and an MBA Would make more than 135. But I don’t really know your market. But I think if you felt loved and valued and respected you probably wouldn’t be asking the question. Find a company who values you and the money will come
Depends where you're working but you're probably underpaid relative to the market, and what marketing execs can earn.
But realistically, you're worth what someone is willing to pay you. I'd probably pursue opportunities and see what offers come your way.
I'm at a non-profit, similar experience, and make more and our benefits are superior (14 weeks paid leave for example). There are more junior roles in top tier tech companies making more.
But there's other stuff to consider - culture, balance, responsibilities, and your performance.
Thank you for the insight . I am starting to look around and keeping my options open. In my next review I may push for a market adjustment. 14 weeks of maternity leave…. I’m very jealous
What’s the revenue of your firm? I would think based on your experience you should be higher. what other benefits and bonus you have?
We have a standard benefits program - it’s not bad but it’s not great, same with 401 match, and a discretionary bonus. We do not have maternity leave or stock options.
If you work 40 hrs a week stress free, sounds like great pay. If you work a ton, contribute to revenue, and have competing opportunities, you’re quite underpaid. Hard to tell with just the area of the country, business focus, and YOE.