Strategy / Bus Dev Pay at Director Level
Hi All,
what is the scale of pay for strategy planning / business development guys at tech giants like Cisco, Microsoft, etc at the director level with top consulting+top MBA background?
Thx for your reply!
I'm also interested.
How popular is an exit from consulting / banking into relatively high-level strategy positions in F500's? Also, what kind of pay scale and future opportunities would one expect from such a transition?
of course this depends on the company in terms of size, profitability, growth, etc. and the nature of the internal strategy group (high profile and across BUs? A small team just for the CEO or CFO? nature and breadth of work, etc.). Typically these groups are always staffed with A) Former top-tier mgmt consultants and i-bankers and B) very talented internal folks cherry picked into the group.
At a F500 tech like the companies you mentioned, Director-level (pre-VP, post Senior Manager) pay would likely be a base of anywhere from $200 to $400k and total comp (bonus, stock, add'l award, car, etc) in the $300 to $500 range.
At VP, you'd likely see a lot more in terms of bonus and perks (car, clubs, add'l family benefits, etc.)
Would focus on joining one of these groups only if the groups prerogative is to be a fast-track program for bringing in/harvesting talent that will then lead in the field after 2-4 years. Otherwise it's just a waste land for people wanting a "better lifestyle" than consulting while having few exit ops.
"better lifestyle" than consulting while having few exit ops"
What is a better exit op than F500 bus dev for an ex-consultant?
Consequatur eligendi tempore perferendis vel quasi. Deleniti exercitationem corporis temporibus voluptatem aut ut. Sed debitis aperiam magnam. Porro quia impedit sint.
Eveniet sit omnis iste explicabo sed. Voluptatibus quo sint tempore et. Quis excepturi reiciendis cum vitae expedita. Dolores autem molestias excepturi. Et sunt suscipit maxime molestias.
Est dolores atque deleniti nobis exercitationem. Sapiente provident quis laboriosam repellendus laudantium. Expedita laborum maxime dolorem neque. Magnam dicta repudiandae quam aperiam dolores quo dolores.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...