Got an offer from Goldman Sachs for a VP role in Technology. Current offer is 195k base and 20k sign on bonus. Is there any room for negotiation? If yes, what's the range? Thanks
What is the location
NYC
Is it true that everyone is a VP at banks? Lol
I think so
VP in technology is like a team lead.
That sounds awfully low. Lower level jobs pay better here in Silicon Valley.
VP in IT at any financial banks is not true VP. It is just a tech lead who reports to another VP.
You should be getting a bonus yearly and 195k base sounds good. Banking compensation is mainly the bonus not the base so you should have a bonus
Should I be asking for a fixed bonus?
Yes they will have target and anything that exceeds target. Goldman will have a good range.
I've dealt with IT architects at banks who were VPs. The title is total BS. Senior VP is a real title.
Did you negotiate for 195K? Or is this the first number by them?
This is the number they gave. Still haven't negotiated yet. I know I'm being lowballed and hence need our fellow blinders to help.
how many years of experience?
Around 7 years
What’s the total comp?
195K
No bonus? Didn't sound right....