Tech IndustryFeb 23, 2023

Citi director salary

Citi recruiter called for a director role in tech at HCOL. When I asked about salary she said 230k base + 50k bonus. Honestly, initially I couldn’t believe what I heard and later she explained me the bands. How these big banks attract talent? I understand market is bad now but still the gap is just too big which really baffled me.

eightfold.ai dnepr Feb 23, 2023

That’s what people outside of tech get paid. When I first heard tech salaries I fell out of my chair. The 500-600k salaries for late 20 somethings without extraordinary achievement just baffled me. Also how many YOE IS this director role looking for?

Eventbrite dndken OP Feb 23, 2023

Minimum 12 . Bear in mind this role is to manage an org of > 50 engineers. To me that’s significant.

Amazon ANDW01 Feb 23, 2023

This is cap. Nobody is getting paid 600k in their late 20s unless they are extremely talented.

Meta EWLE36 Feb 23, 2023

Banking director is not that high up

Eventbrite dndken OP Feb 23, 2023

This role was to manage > 50 engineers. That’s significant to me.

Meta EWLE36 Feb 23, 2023

Wow that pay is horrible then

Amazon lhcT14 Feb 23, 2023

That seems to be what i heard too, i know directors of tech at companies like At&t and verizon are on same lines … around 300-350 TC

ZoomInfo tRPN42 Feb 23, 2023

Banks do 120k for swe. That seems about right for a director

Citadel poggop Feb 23, 2023

Even lots of tech pays that low. I wanted to work at a startup but couldn’t justify a 75% pay cut so went to Citadel for a 33% bump

Eventbrite dndken OP Feb 23, 2023

Right, but this position was pretty Senior based on what was described to me.

Citadel poggop Feb 23, 2023

Right, so were the positions I was looking at.