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Old 06-06-2021, 10:56 PM
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Newly promoted VPs can start from high 8s/low 9s per month, usually happening within 6 or 7 YOE. Not aware of a hard ceiling for VP/EDs; being mindful that most people retire or leave the firm at this level. Very few make it to MD, and the salary transition from VP to MD is quite a sensitive topic for people at that level. With that said, I have heard of mid level VPs with >15 YOE earning >20k a month.
Wow, always thought the starting for junior VPs is around 10k for BBs. Roughly how many VPs actually make the cut for ED?
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