Bank of America - Compensation Review

Base: 258k Joining bonus: 27k Equities: 21k YOE: 17 I have proposed this to the recruiter…looks like I am in the game here what I want else I will walk out #pm #product #productmanager #finance #negotiateoffer #negotiation

Teladoc Health doUK12 Nov 10, 2021

Is equity normally that low for banking firms?

Cognizant PassevanPM OP Nov 10, 2021

Equity is a joke for these banks!

Optum sde_majdur Nov 10, 2021

Very high base congratulations . Are VP and PM are on same level?

Bank of America WYxX00 Nov 10, 2021

This seems like a Band 3 salary Good Luck! I hope you get it

Cognizant PassevanPM OP Nov 10, 2021

No RSUs they are forfeiting my equities…

Cognizant PassevanPM OP Nov 10, 2021

What is the discretionary bonus?

Bank of America WYxX00 Nov 10, 2021

RSUs are given as annual bonus historically. Is this for a Director position?

Cognizant PassevanPM OP Nov 10, 2021

Yes! But I could see some VPs also gotten RSUs

Bank of America AXzf62 Nov 11, 2021

Is this for a band 3 role ? Never seen an IC salary that high.

Bank of America 0din Nov 15, 2021

Absolutely a B3 salary. You’re getting shafted a bit on the RSUs, though.

Bank of America 0din Nov 15, 2021

Oh and, in true Blind fashion…TC or GTFO 😉