Typical All-In Comp For Post-IB Strategic Finance Role

Hey all -

Got an offer from a company (later stage Series F-G) and wanted to see if people have any thoughts on the all-in comp they offered. For context, I am an Associate at a mid-tier BB coverage group. All-in annual comp (based on current valuation) base+equity comes out to about $220k - obviously, some upside if the company raises another round or goes public. I know it's a slight cut - especially with the recent pay bumps in banking, but given that my life will probably be extremely less stressful, I was wondering if there is a solid offer?

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Comments (20)

  • Associate 1 in CorpDev
Nov 1, 2021 - 9:51am

That sounds pretty solid to me assuming you have around 4ish of experience. I asked about corp dev/strategy salaries a couple years ago, which could be considered a relevant benchmark, and all-in yours is the highest comp versus the responses in that thread. A post-mba corporate strategy guy said he was making $200k at the manager level at a FAANG, so I think your comp is pretty good. However, these salaries for business/finance roles at tech companies are all over the place.

Personally, I'm at a now public tech company making $170k all in cash with 5 years of experience in the Bay Area, so take that datapoint for what it's worth.

  • Associate 1 in CorpDev
Nov 1, 2021 - 1:01pm

What is the split between base and equity? Also, are you coming in at a manager level or senior associate level? I'd imagine manager level the base is ~150k?

Most Helpful
Nov 1, 2021 - 7:31pm

To echo the above poster - what's the base/equity split?

At 4 years of experience I had offers of  $125 - $140K base + $100K - $150K equity for Bay Area start ups of similar stage. 

Other things for you to consider: 

  • What do equity refreshes look like - annual company wide refreshes? Performance based refreshes? On promotions?
  • Unlikely, but is the company considering cash bonuses any time in the near future?
  • Other incentives? One company I got an offer from gave a $1K stipend every quarter to use on "wellness" - which was such a broad category, like video game consoles, gym memberships, sports equipment, etc. 
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Nov 2, 2021 - 9:33am

The quoted $100-150k was just the one time offer for joining. But equity refreshes annually based on all those things I listed: $25K annual company-wide refresh, performance-based refresh up to 100% of salary (but you would need to be an absolute killer to get the max amount), and  another $50K-$100K refresh for getting promoted depending on the level. 

Nov 8, 2021 - 1:41pm

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