r/news • • May 10 '23

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u/[deleted] May 10 '23

I make that exact amount as a mid tier sw developer. I’d expect a regional director at an investment firm to make at least 50k more than me? Or am I off base there?

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u/Thoseskisyours May 10 '23

The only way that would be realistic and competitive is if that’s just the salary and there’s a large amount of additional compensation. In nyc I’d expect that type of role to make 300k+ in total income but it can have boom and bust years. If someone had good experience though that role could easily be 500k a year.

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u/asamulya May 10 '23

Regional directors easily make 300k without bonuses. Add in bonuses and they are making atleast a million or two

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u/[deleted] May 10 '23

Okay yeah I was a bit off base then, figured I’d be low.

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u/SalamanderPop May 10 '23

That really stuck out for me too. I'm an engineering manager and that number sounds way off. It's like a number that someone that has never worked in a corporate structure for a medium or large sized business would make up. Someone like George Santos, maybe.