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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Shocked by how little everyone makes despite decades of experience.[/quote] I’m not shocked as this is DC. Other than maybe some of the defense contractors, or the Booz Allen govt consultants , this is not a corporate Mecca. Here , corporate means some IT , govt relations/public affairs, but not folks who have responsibility for P&L at companies- operations, sales and managing key teams. If you’d asked this question in Chicago, San Fran, Dallas, Atlanta, NY etc etc you would get numbers more into the very high 6 figures or low 7s. Friend of mine from B school at a Chicago based CPG makes 450k, 20 years of experience and is responsible for consumer insights, one step below executive leadership. Another leads a major sales division for financial services in Boston. And with bonuses can hit 800k.[/quote] I disagree. There's plenty of money sloshing around DC. Executives at all the defense contractors, and it's not just Booz but there are seemingly thousands of smaller contractors all over Northern Virginia, some public many not. Most of the F500s also have regional offices with government facing business groups. Then you have the massive legal presence. Average salaries are higher across the board in DC than in Chicago or Dallas or Atlanta. Lots and lots and lots of people making 200, 300, 400kish. Which is reflected in the high housing prices around the DMV and how the 400-500k HHI in the DMV has become pretty standard rather than privileged. You're describing top 1% roles even within corporate America and those are nationwide depending on need and business groups and HQs. The 150k mid manager is far more the average in Dallas and Chicago and even NYC. A PP commented most corp managers and exec salaries are between 150-300k then it gets much more rarefied, and that's true. Above 300k is managing director, then group heads, regional presidents, owners of P&L, then up to C suite, but out of, say, 100k employees, that's going to be the top 500 people in the company.[/quote]
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