@jesusreigns4ever Ahhh ok I think I have a better sense of who you work for, and I have a fairly robust understanding of corporate compensation structures. Make sure you’re really setting yourself up for promotions when the roles open, obviously you can’t force it but make sure you’re in a place to be the undeniable next choice.
When you get to Director the compensation model really shifts a ton. It’s likely 10-15% in additional base, but then a larger bonus target and annual stock grants. Your base goes up 15k, but your variable comp goes up more like 55-60k annually.
So that next promo is really worth like 75k a year.
Depending on the vesting schedule it takes a bit to realize the full value ever year but once you get to that level it allows you a lot more options when it comes to navigating the CA housing market.
When you get to Director the compensation model really shifts a ton. It’s likely 10-15% in additional base, but then a larger bonus target and annual stock grants. Your base goes up 15k, but your variable comp goes up more like 55-60k annually.
So that next promo is really worth like 75k a year.
Depending on the vesting schedule it takes a bit to realize the full value ever year but once you get to that level it allows you a lot more options when it comes to navigating the CA housing market.