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  #40 (permalink)  
Old 07-06-2021, 01:20 PM
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Originally Posted by Unregistered View Post
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 I didn't know that there isn't salary ceiling for VP/EDs. I used to assume that your pay was tied to your rank.
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