Corp Dev Salary Packages
2nd year analyst and just got a corp dev offer. Curious what’s market / competitive for Sr. Associate / Manager role? Offer is 130k base and 40k bonus
UMM PE backed strategic for reference
2nd year analyst and just got a corp dev offer. Curious what’s market / competitive for Sr. Associate / Manager role? Offer is 130k base and 40k bonus
UMM PE backed strategic for reference
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Career Resources
Fortune 300 utility. Analyst/associate level (they are basically the same thing at my company).
Salary plus “regular” bonus: $90k (bonus is based largely, but not entirely, on company-level metrics that has been exceeded by 10-30% basically every year for the past decade).
Deal-based bonus at the discretion of corp dev VP: $5k (1-2 a year).
401k: 4% automatic and a 4% dollar for dollar match.
Healthcare/other similar benefits.
I am out of a bumfuck city so col is below average (which means far less than Chicago/NYC/etc)
I know that’s not quite at your level but I hope that can be useful
What’s ur WLB
F100 with Corp Dev Manager title (came in after my 2nd-year was coming to an end).
Base is 165k and targeting 10% bonus at HCOL
Friend just took a CorpDev / Strat role at a pre-IPO tech(ish) firm post IB. He's making $190 cash with another $50 of equity on top of that.
Very solid, do you know what level he’s at?
Bump
Was recruiting in early 2022 and received 2 Corp Dev Associate offers.
Both offers were in Bay Area at big tech companies (not FANNG though). Comp was very similar between the two offers: $110 - $120K base + 30% bonus where a small portion was stock. Turned both offers down after talking to people and knowing how sweaty those teams were. The two tech companies were very acquisitive, did divestitures from time to time as well, and culture was not great (mostly ex-bankers).
I work in a corporate development & strategy at a PE-backed company, that is really strong for somebody with 2 YOE.
Granted, we wouldn't go after a BB analyst typically, the majority of our team that has 4-6 YOE is around 150k base + 15% bonus (not all are ex-bankers, either). If I were to hire somebody at 2 YOE, I don't think I'd be able to get approval for 170k TC unless it was somebody who worked for me previously that I really wanted
The other thing to consider, it's fucking murderers row for PE-backed companies right now - hard to get deals done, higher interest expense hurts EBITDA to cash, less CapEx downstream spend coming from end-users, really hard to take something to market, etc.. My bonus is >30% of base, I am expecting a 0 this year. If I were you, I'd ask how the bonus is calculated (e.g., mine is strictly based on EBITDA goals)
Hope this helps
Approaching 6 YoE and received manager title under a year ago, at $175k base, bonus last year was $55k (cash / stock split), hoping this year (full year post-promo) will be closer to $65-70k bonus (I don't expect much more than an inflationary 3-5% raise in base).
Before promo at Sr. associate was ~$145k base + 40k bonus.
F-100 and we cover a range of work, mainly deal execution with some strategy and finance sprinkled in.
Currently at a small cap “tech” firm in a sr analyst/associate role (only step before manager)
130K base + ~20k bonus
Manager according to HR: 150k base, 30k bonus, 10% annually in RSUs
Not the greatest package but I only work like 35 hours a week.
How many YoE and what kind of COL?
3-4 YOE for my role, 6 or so for manager, M-ish COL city (big city but not NYC, BOS, LA, SF).
3 YOE
Analyst/Asso Title
HCOL
$155k all in first year at company
Unsure on raises outside of promotions but will find out at the end of the year lol
At Corp Dev, will they count pre MBA experience?
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