Finance Role TC Progression
Hi everyone! I'm in a finance role (L4) at Amazon and currently make around 90k with 1 year or experience. I've seen a lot of career TC progression posts on Blind and thought that it would be helpful for everyone in a finance role if we also did one too. I know since I only have 1 yoe I don't have much to offer, but I do think collectively this post could be beneficial to everyone. Just to be clear, try to only participate if you are, and mostly have been, in a finance role, and not in software engineering. If you are in a different role and for some reason feel the extreme urge to participate please write what field you are in. Have a good Sunday! And hopefully this post gets good responses!! My stats are: 2018: 90K 2019: 90K
Just graduated and started this year. My TC including sign bonus is 94.5k. EOY bonus should add an extra 3-5k to that
What’s your major?
Finance
Started in consulting for two years in SF, now in tech in finance role. From a salary only POV: Y1: 87 + 10 sign/relo Y2: 92.5 + YE bonus Y3 (started new job) : 100 Y4 should be around 115, I'll find out come November
Were Y3 and Y4 at Airbnb? And did you do consulting at MBB in SF?
jumped around between three roles but all in various areas of finance. year 1: $45k year 2: $65k year 3: $75k year 4: $82k year 5: $150k year 6: $170k
s&t
Truly a sweatshop
Graduated in 2015, now working in PE accounting. Y1: $50k + $2k bonus = $52k Y2: $60k + $18k bonus = $78k Y3: $70k + $23k bonus = $93k Y4: $85k + est $25k bonus = $110k
Wow that is low
Graduated in 2006 YR1 55K YR3 110K YR5 200K YR7 320K YR9 400K YR11 550K YR13 720K
What is your role? MVP?
Yes. Just became an MVP
Started in PE directly after undergrad YR1 80k YR2 85k To provide some color for anyone reading this, this is considerably below market
Undergrad 2006 Y1: 55K Y2 - Y3.5: 60K (Same company, different role) Y4-Y5.5: MBA Y5.5-Y6: 0K (Unemployed for 15 months) Y7: 65K Y8-Y9: 75K (Same company) Y10: 80K (Same company) Y11-Y12: 110K (Negotiated raise, same company) Y13: Laid off and currently in negotiations for roles in the range of 150K-175K base + 20% bonus
Wow around ~40% raise, love to hear how you did that in the same company. Also best of luck on your search
Thank you! Honestly, I was severely underpaid to begin with. I took a 65K salary after my MBA from a Top 30 school when my classmates were averaging 80K-90K. I kept pushing for promotions or pay raises and they were bumping me up slowly without a promotion until I had enough one day and put together slide decks and data points of what the average salary for my role was. I demanded 110K and they countered with 98K and I said no way no how was I settling for less than the average pay. They relented because I had data. They tried to question it too saying my Corporate Development position was similar to a Data Analyst 3 role, and I said, sure, except it's not a Data Analyst 3 role. It's a Corporate Development Manager role and this is the data that backs up my request.
Started in public accounting, then went to industry Year 1: 65k Year 1.5: 71k Year 2: 77k (Moved jobs) Year 3: 110k
Never tell anyone you don't have much to offer...Amazon hired you for a reason.