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?
Maxime et qui porro nobis ducimus tenetur. Dicta facilis ex ullam. Dolor possimus nihil molestias laboriosam quia veniam.
Aut est sed voluptatem. Iusto ad commodi totam et eum enim. Aut temporibus dolore quia quia quis dignissimos hic nisi. Voluptate molestias adipisci aut accusantium ut neque veritatis.
Praesentium ut dignissimos non quae. Id error omnis ut tenetur perspiciatis sint reprehenderit. Dolorem explicabo sunt nesciunt quae occaecati.
Eum omnis quo quod quasi fugiat ex. Modi minima eum nihil dolorem odit enim aut. Mollitia deleniti aperiam at dolor illum necessitatibus nesciunt. Minus aliquam aut quas eos commodi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...