Finance CareerMay 2, 2022
CignaLikeABoss!

Is tech the only industry you would down level for?

Hi Everyone, I am at the Senior finance Manager/Senior Advisor level and have been testing the waters to see what offers I can get. Most Director level roles I’m seeing are 10+ while Senior Manager is 7+ or 8+ (I have 7.33 so have been applying to Senior Manager roles). I’ve gotten rejected for Senior Manager roles at JnJ, Charles River, and Pfizer (no referrals for any). I don’t think applying to Finance Manager roles outside of tech makes sense. Big pharma does pay well but I would need at least $150k base for it to be a 20%+ bump. I don’t think Finance Managers outside of tech make $150k+ base salary with ~7 YOE. Thoughts? Thank you much! TC: $143k

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Box AaroC May 2, 2022

In tech, SFAs make more than you. Down level and get that 💰

Cigna LikeABoss! OP May 3, 2022

TC is larger in total but base salary for MBA FLDP at Amazon is $130k I’m at about $125k base so it’s not much higher. It’s the bonus and equity that make their TC higher. Are there SFAs making $150k base salary in tech?

Square iNBQ65 May 3, 2022

At Google yeah. $150 base pretty normal in high COL

Hopper VFLB75 May 3, 2022

This is going to be a naturally biased poll since this is blind - a tech hub

Amazon PmSw60 May 7, 2022

At Amazon the floor for SFAs TC is $147k. External hires usually get above the mid point so around $160-170k. I definitely wouldn’t get caught up in titles if coming to tech.

Cigna LikeABoss! OP May 7, 2022

For sure - compensation over title all day What I’m getting at is the base salary isn’t that much higher from what I’m currently getting. I know base salary for Finance Manager at Amazon is usually 140-160k. That means SFA base salary will most likely be below that range and not enough for me to switch. I have a separate post asking folks whether a 20%+ change in base salary is more important than a 20%+ change in TC and base salary is winning so far