Corp Fin/Dev/Strat Compensation 2023/2024
Haven't seen a Comp thread for Corp Fin/Dev/Strat. Let's get one started:
Format Example
Title/YOE:
Firm Type/Industry/Size:
Old Base/Bonus:
New Base:
City Description:
I'll add mine once we do our performance review in a week or two
Title/YOE: Sr. Manager, 7.5 YOE
Firm Type/Industry/Size: F500 CPG
Comp: $147k base, 20% bonus, ~10% equity each year
City Description: LCOL (Phoenix/Dallas/Atlanta)
Got a low single digit % raise. Expecting director promo this next cycle
FP&A?
Bump
Bump
Title/YOE: FP&A Manager, almost 9 YOE (6.5 big 4, 2.5 in role)
Firm Type/Industry/Size: Energy/utilities/mining portco
Comp: $150k base, 20% bonus, ~$100k equity a year (one time grant 6 months after starting, vests over 5 years, only pays upon sale or distributions over hurdle)
City Description: suburb of LCOL (Phoenix/Dallas/Atlanta)
5% raise, bonus paid at 25% instead of 20%
For another datapoint, recent role I discussed with recruiter but didn't interview for:
Director of Corp Dev and FP&A, energy/utilities/mining portco
$175 base, 30% bonus, no equity (feedback was VP's and above get equity)
I really wanted the title and increased base, but would have required a 3 hour drive or 2 hour bus commute per day, not ideal with two young kids (and didn't want to leave 60% of unvested equity)
Title/YOE: Corp Dev Associate, ~5 YOE
Firm Type/Industry/Size: Research/Tech/Mid-Cap
Old Base/Bonus: 125K, 15% Target paid on target
New Base: 130K, same target
City Description: MCOL (Philadelphia, Atlanta, Charlotte)
Analyst 2 years current role, <1 year former role F500 Energy Company Former comp, 75k + 10% target bonus Updated comp, 85k, 12% target bonus Low-Mid cost of living in the Midwest
Title/YOE: Analyst, Corporate development & Investor relations (<1 YOE)
Firm Type/Industry/Size: Public - Small Cap. co (within O&G)
Old Base/Bonus: 69K Base/1k Bonus (Way below last year's bonus from what I've heard, due to company performance)
New Base: 69K (No raise, worked half of last year)
City Description: MCOL
Title/YOE: FP&A Manager, 8.5 YOE
Firm Type/Industry/Size: digital marketing portco (<$100m revenue)
Comp: $150k base + 15% bonus (discussed a raise & some form of equity after a year during interviews)
City Description: fully remote, but I live in a LCOL / MCOL city
Not ideal comp (especially since I was corpdev before this), but I took it after getting laid off at my last job and so far really like the work and team.
Following
Title/YOE: Associate, 3 YOE
Firm Type: F500 Financial Firm
Comp: 120K base, 15% bonus
City Description: NYC
Bump
Title/YOE: Associate - Corp Dev, ~5 YOE
Firm type / industry / size: public energy co
Old comp: 110k + 15% cash bonus target + 15% equity bonus target (cash came in at ~20%, equity at ~29%)
New comp: 120k same bonus targets
M/LCOL city
Title/YOE: Manager, Corp Dev and Strategy, ~5 YoE (3.5 in BB / PE, 1.5 in current role)
Firm type / industry / size: Privately held sports agency
Current Comp: $150k + 15% cash bonus target + potential transaction bonus on sale (verbally brought up, not on paper, so who knows)
MCOL, hybrid set up
Very cool! Mind sharing how you got into the sports industry?
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