Sheriff: “Too bad, he was one of the pioneers.”Wannaretireearly wrote: ↑Sat Jul 04, 2020 11:47 amThanks great insights. And congrats on making it to the cio/coo levelphxjcc wrote: ↑Sat Jul 04, 2020 11:40 amAs to first question....Wannaretireearly wrote: ↑Sat Jul 04, 2020 10:59 am I feel like this is question I can pose here:
For the experienced IT/tech leaders, was your salary highest in your org once you were at the director/sr. Director/VP level? Or did gaps still persist then too?
I understand my role is to grow and reward the team etc. However at some point the relative pain/stress of being in sr. management/leadership needs to pay off (even in tech/IT with high IC packages).
I was once a Director (manager of managers) and a Sr VP. Then I was hired as a first level manager to turn around a poor performing, but very profitable product team of 6 people; no change control, no testing standards, no support doc's, etc.
I was paid as much as my boss, who was 10 years younger and had less experience--and was wise enough to know it.
I cleaned it up.
Then there was a re-org, and as moved to an even younger boss who was in a VLCOL state.
Who was also in his job because of nepotism. (Son-in-law syndrome)
I was making 30% more than him.
He tried to cut my salary.
I called the mucky-mucky that had to approve the original hiring of me.
Crickets, absolutely dead silence.
But no salary increase for 2 years.
Two years later, another re-org to a more mature manager.
Gave me a bonus to make up for Louis being such a jerk.
HIs boss eventually jumped me two positions--and to answer your question....yes I achieved my highest total comp then.
I eventually became CIO/COO.
As to second question....
YOUR JOB, as a Manager, IS TO ACCOMPLISH THINGS THROUGH OTHERS.
A good manager will be able to accomplish 12+ times more with a staff of 10 than those 10 can accomplish themselves.
S/He will also get a buzz out of doing so.
If you do not, then go back to an IC role.
it is the adrenaline rush when a major product is released and takes off that is your reward.
The stock, dollars, and accolades are secondary.
...and as John Wooden said: " do not confuse activity with accomplishment."
Deputy: “How can you tell he was a pioneer?”
Sheriff: “All the arrows in the chest.”