I am at the Power Day Stage for C1 recruitment and was wondering what the salary would be for Senior associate PM on US Card. I got 3 YOE with a DS background and its a tech heavy team. Do you guys have tips for Power Day and negotiating salary? Is there any sign-on bonus? Thanks!! #productmanager
Others feel free to chime in but I believe it’s 150k ish. Higher if ur in NYC
Levels.fyi needs more c1 data for sure
You’ll need to specify the city for more accurate salary info. MCOL Mgr, Product Management salary has median point of ~150k (with a range of +- 20%, though likely to be within +- 10%) I think the median point for SA is about 122.5k in HCOL and likely around 105k/110k in MCOL. On top of that, Mgr has a yearly bonus up to ~25k (from not performing at $0 to exceeding expectations with flying colors). You can negotiate a signing bonus depending on your location, and at SA Product MCOL I believe that range is 10k - 20k (this has previously been fully vested within 12 months). I think Mgr is up to 35k signing bonus. Relocation benefits vest in 24 months. Power Day - review the info & material your recruiter conveyed to you, and look at some example cases online. Based on your background and previous employment, you should do just fine. If you feel unprepared for some of the product skills interviews, do an online certification / course on product management for scrum teams (PSPO / CSPO). Negotiation, in order: 1. Focus on increasing base first (aim for 1.05 or better comp ratio for your job range). 2. Focus on increasing signing and yearly bonus ranges next. 3. Understand the offered PTO package and negotiate the amount of time you get to start off as a new associate. 4. Finally, negotiate your vesting periods. * note, your end negotiation results will be dependent on the location, team, their budget / guidelines, and your performance in the process, so don’t take anything personally if you don’t get the numbers you’re hoping for and make the call you feel comfortable with. You are from one of the several fields that Capital One considers Product worthy with a good bit of experience, and would likely be trying to hit above the median for SA, Product Management pay range for your city, as 3 years of related experience starts to qualify you for Mgr level based on the specific role’s requirements and needs. Congratulations on making it to Power Day, and I hope to see you at one of our campuses in the near future.
Wow. You are incredible haha. Thank you for taking the time to leave such a detailed and strategic response. This is extremely thoughtful. And yes it is for SA PM for card, its out of McLean :)
You can negotiate salary. For Sr. Associate range is probably $130ish to $140k at most for base. Bonus would be about 8-9K.
How was your power day? Would be open to share some questions you’ve been asked? Going to have mine in 2 weeks
🥜