Titles have become almost meaningless in the modern professional environment where a role that used to be "Representative" has now been spun and shined up into "specialist" the "executive assistant" which was previously " administrative or secretarial titled and the sheer insane number of VP roles from EVP, and SVP, to AVP, and you have janitors that are now the
"Director of fascilities"etc...a year ago I changed positions . After losing my job due to covid related cut backs and 8 months of unemployment, I found my dream job. But if I had gone by the title only I would not have even applied. Where my previous title was Director of Client Services (and prior to that I was a Program Manager) my new position is Supervisor of Property Preservation and Liquidation (ridiculous mouthful, isn't it?) And certainly sounds like it is a lower degree of difficulty/skill/responsibility than my Director title. But, it is much more difficult, the pay is 15k more than my previous with possibility of another 12k in monthly bonus (just finishing up my first year and hit the monthly incentive bonus 5 out of 12 months, so total first year increase as a supervisor compared to director is a 20k increase!!) My number of direct reports also went down from 16 to 4!
So in my experience, neither the title nor the number of direct reports informed the salary or growth potential of my new job
This is why i would never sweat a title nor would I chase a title. What matters is the specifics of the role, the impact your responsibilities have on the overall operation and depending on what dept or division within the company... if it is a support position or a position directly responsible for driving growth and profit? A dept head of internal audit and a dept head of acquisition or business development would in many companies be miles apart in terms of responsibility, and the salary difference reflects that. Both have shiny impressive title plates on their office door, but one starts at a C-Level 6 figure position with loads of fringe options, benefits and growth potential, the other is the end of the line for further career growth, and a career VP may hit low 6 figures at the top of their salary band . Not that internal audit is not important, it protects the company from loss and of course there is value in mitigating loss of revenue or loss of license due to compliance issues etc.... But, the dept that GENERATES the profit and grow the business are always going to have higher salary bands from entry level to SVP.
If this company is offering you mentorship to grow you toward a C Level executive role, then I think you need to ask yourself what are your overall goals. Are they a title or are they a growth of your skillet and a continuous journey though your industry to become a future leader,positioned to become a mentor and ultimately affecting not just the company but the industry as a whole?
If you answered yes to the first one... Then shop around until you find a title that you feel you deserve. If you answered yes to the 2nd one, then discuss this offer with a company who is not just interested in hiring the "you right now" but is also interested in the "you you are going to become' and are looking to invest in your future success. The 10k pay differential can and should be discussed as a reasonable offer, if it is clearly outlined as your current market value and they are going to invest time in bringing your value up to the range discussed and will provide you with regular performance reports to ENSURE you reach the level that you both intend. While they can set the expectation regarding the timeline for you to reach that goal, you will still need to reach it, so they shod clearly outline expectations and provide you with all the tools needed to reach it within that timeframe. What if you hit your milestones early? Will they be willing to promote early? What if you don't reach it within that timeframe? What options are going to be on the table?
I would discuss all topics in detail but please don't focus on title and pay as your two most important, this may be something you put out already and it could be the driving force behind their hesitancy to hire you into that position now. It is expected that way that level, your concerns are not about paycheck and title. No one hits c level working for a paycheck... They are working on growth and have a consistent and insistent company focused mentality. Show them you want the job because you KNOW you can help strengthen and grow their operation, that NO ONE is better suited to help them reach their goals then you, and the big time pay (and stress) will come knocking on your door. Good luck!
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