tag:blogger.com,1999:blog-7693729369148936216.post3338282730890347344..comments2023-04-11T07:53:42.569-07:00Comments on Linda Burtch's blog: 2007 Compensation InformationSusan Bearmanhttp://www.blogger.com/profile/14991968368214219371noreply@blogger.comBlogger20125tag:blogger.com,1999:blog-7693729369148936216.post-33641823056807042432007-06-05T09:29:00.000-07:002007-06-05T09:29:00.000-07:00Wow! I am really sorry that you have had such a n...Wow! I am really sorry that you have had such a negative experience working with us and in the analytics profession. It has not been my experience that women have had to take pay cuts, or have salaries not within the same range of men's. As a matter of fact, I am working with a senior woman now who has received an offer that is a 32% bump from her current base salary. This is the highest boost in salary that I have seen this year, and an indicator of the current strength of the market for exceptional quantitative people. Feel free to give me a call directly if you would like to discuss specifics.<BR/><BR/>-LindaLinda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-20183372908103030352007-06-01T04:19:00.000-07:002007-06-01T04:19:00.000-07:00I don't get it. Over the past 4 years I've worked...I don't get it. Over the past 4 years I've worked with Smith Hanley and never seen these kinds of salaries - quite the opposite. <BR/><BR/>Every time I call I'm told I have to take yet another demotion due to my lack of experience, despite now having 7+ years experience in analytics. I did get my last job with you guys but now get paid 20% less than my male counterparts who also got their positions here from Smith Hanley (same jobs same years of experience - they have less education than me). If I were to listen to Smith Hanley's recruiters my future is bleak and getting progressively worse. I'm seriously considering leaving analytics entirely. <BR/><BR/>What gives? Do these salaries apply only to men?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-53389591964761521222007-03-26T08:54:00.000-07:002007-03-26T08:54:00.000-07:00Good question. When a client is seeking a senior ...Good question. When a client is seeking a senior statistician, they usually are implying a need for greater technical rigor and more experience. A senior analyst may have less experience and less statistical expertice. In both cases, communication skills are a key component to longer term promotability. Keep in mind that titles can be misleading and are certainly not consistent in the corporate world.Linda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-70840368761634847172007-03-23T09:17:00.000-07:002007-03-23T09:17:00.000-07:00Linda,Could you help me understand the difference ...Linda,<BR/>Could you help me understand the difference between Senior Statistician and Senior Analyst? It seems that communication skills are the big differentiator, is that right?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-17558497428669639172007-02-28T13:15:00.000-08:002007-02-28T13:15:00.000-08:00It is more difficult to move up as you progress in...It is more difficult to move up as you progress in your career simply because there are fewer positions at the higher levels. Additionally you are competing with an internal candidate pool at the organization where there may be pressure to promote from within. So candidates will find, particularly if they live in a smaller metro area, that they need to be flexible on geographics and to be open to the industries they might consider. Also, of course, a job search may take much longer.Linda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-6838269041702949902007-02-28T13:11:00.000-08:002007-02-28T13:11:00.000-08:00Interesting article. What advice would you give t...Interesting article. What advice would you give to someone like me who is at the manager level, makes $130K per year, and is interested in the next level of opportunities? I rarely see any openings posted that meet my requirements of both being at the next job level based on title and has a salary increase over what I make now.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-45726002761090157372007-02-28T08:16:00.000-08:002007-02-28T08:16:00.000-08:00I have not had the experience with the clients I w...I have not had the experience with the clients I work with offering a lower base and a higher bonus. Even in the riskier start ups (yes, they are back!), the base offers are often more aggressive, because most candidates are skeptical of the big stock payouts. Too many remember what happened in 1999 and 2000. Annual bonuses in the last two years have been consistently paying out very near their targets, up from the disappointing bonuses of four or five years ago. I have a couple of client companies that offer a lower base/higher bonus compensation package; they struggle to close deals normally.<BR/><BR/><BR/>Andre,<BR/><BR/>This is a tough issue for all people who are in a technical career. If moving up a management track is not appealing, then hopefully there is a technical track offered with in the organization that will continue to provide learning opportunities and a challenge. I would agree that moving into the consulting world would be a way to leverage a deep knowledge base and allow steady increases in income. Pharmaceutical companies, some high tech firms, the government, and research think tanks provide longterm technical path options. Academics would be another option, if you are able to get tenured. <BR/><BR/><BR/>Do others have ideas around this topic??Linda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-87402229928544803582007-02-27T17:41:00.000-08:002007-02-27T17:41:00.000-08:00Hey Linda,Your quotes are spot on based on my expe...Hey Linda,<BR/><BR/>Your quotes are spot on based on my experience as well, even though I am outside of a major market.<BR/><BR/>Thanks for the excellent information!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-74263893395563471622007-02-26T08:18:00.000-08:002007-02-26T08:18:00.000-08:00Hi Roxanne,These compensation ranges hold for most...Hi Roxanne,<BR/><BR/>These compensation ranges hold for most analytically based business fields, including the more traditional market research professional. If you are working in the financial markets - hedge funds, investment banks - the pay range could be much higher (but so is the risk and the hours required).<BR/><BR/><BR/>I am not the best person to ask about salaries for other marketers - perhaps we could get feedback from others?<BR/><BR/>Best,<BR/><BR/>LindaLinda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-25004650771392708832007-02-26T08:12:00.000-08:002007-02-26T08:12:00.000-08:00Just to clarify, when you reference the quantitati...Just to clarify, when you reference the quantitative professional, would this be applicable to market research/consumer research professionals? What about other marketers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-6152761254814447042007-02-26T08:09:00.000-08:002007-02-26T08:09:00.000-08:00Web Analytics is a discipline that is evolving, so...Web Analytics is a discipline that is evolving, so it means different things to different people. Some people in the field are very sophisticated technically and are used to working with giant data sets, others are using information for directional strategic decisions, requiring far less technical rigor. <BR/> <BR/>But regardless, I always recommend continuing your formal education to at least a Masters level. You will need it to stay competitive into the future.Linda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-12179906873741244462007-02-23T09:49:00.000-08:002007-02-23T09:49:00.000-08:00Since I do a lot of work with Web Analytics, this ...Since I do a lot of work with Web Analytics, this column was interesting to me. However, I do not have a Master's Degree but was wondering when it comes to Web Analytics, are the requirements sometimes different? In many cases, Web Analytics individuals should have a more marketing focused outlook than their statistician brothers and sisters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-3751882600536476952007-02-22T08:25:00.000-08:002007-02-22T08:25:00.000-08:00Hello Linda - I sent this to the board of the Web ...Hello Linda - <BR/><BR/>I sent this to the board of the Web Analytics Association as we are always looking for industry measures. Brian posted a link on <BR/>http://www.grokdotcom.com/<BR/><BR/>Thanks<BR/>ShubhraAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-31838889140129450132007-02-22T03:43:00.000-08:002007-02-22T03:43:00.000-08:00Linda,Thanks for this insightful information. Your...Linda,<BR/><BR/>Thanks for this insightful information. Your salary ranges closely match my own experience. Also, your comments on the importance of executive-level administrative skills for (technical) managers are right on track. This implies that research-oriented professionals may have to consider a career change towards consulting, the academic world and/or high-tech companies. Would you agree?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-29581555104580312062007-02-21T19:49:00.000-08:002007-02-21T19:49:00.000-08:00Great information. Agree with Linda that the compe...Great information. Agree with Linda that the compensation variance is substantially smaller than potential differences in cost of living. Locations where the market is less fluid (many times not the "sexiest" places) usually command a premium, as it is difficult to attract talent and candidates understand their options will be limited.<BR/><BR/>When reading the postings, I was curious to learn more about how compensation packages (particularly in the high-end of the manager category) are currently being structured. The proposed compensation ranges seem to very representative, but the question always arises as to what percent of the packages is comprised of performance / target bonuses or stock options. From calls I've received recently, I got the impression that companies are working with lower base / higher target bonus packages. Is this a trend or just my perception?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-29182530170830876402007-02-21T13:00:00.000-08:002007-02-21T13:00:00.000-08:00Hi John,Very important point that you make on the ...Hi John,<BR/><BR/>Very important point that you make on the sign on bonus - it is very often used toward the end of the year if a candidate is "leaving money on the table" as part of closing a deal.Linda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-35664395410524531712007-02-21T12:45:00.000-08:002007-02-21T12:45:00.000-08:00Linda - I feel that your salary ranges are RIGHT O...Linda - <BR/><BR/>I feel that your salary ranges are RIGHT ON for the positions/levels indicated. <BR/>I wouldn't consider a relo without a housing package that included guaranteed coverage for current mortgage payments that would take effect if the current residence remains unsold after closing on a new home.<BR/>Last Comment: Companies seem to be more willing to pay signing bonuses later in the calendar year, generally as consideration to make up for l(a) loss of a "company-match" amount for the year to the individual's 401k, and (b) give-up of current-year's bonus program amount.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-32010987307682959562007-02-21T11:50:00.000-08:002007-02-21T11:50:00.000-08:00Indro,Excellent question. I have found that the s...Indro,<BR/><BR/>Excellent question. I have found that the salary ranges for our candidates surprisingly do not vary significantly by region. Equivalent positions in Peoria, IL and New York City pay roughly the same - although within the range, the position in Peoria may be on the lower end of the range, and in New York on the higher end. <BR/><BR/>People who are working in the higher cost of living areas, like the metro New York area, make that decision based on factors that are not related to the compensation relative to its buying power. They are there for family reasons, or because they are interested in the area for longer term career choices, or their professional network is there. <BR/><BR/>People who live in areas with a very favorable cost of housing, or with no state taxes, often times have a difficult time when considering career moves to areas with more average costs. However, they, many times, will make the change because the options locally are limited or do not offer longer term career options. <BR/><BR/>-LindaLinda Burtchhttps://www.blogger.com/profile/18097883225301488345noreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-44331854635188990552007-02-21T11:39:00.000-08:002007-02-21T11:39:00.000-08:00Thanks for the information. One question: the sala...Thanks for the information. One question: the salary ranges that you mention, are they location specific? For example, do they apply mostly to the Chicago area?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7693729369148936216.post-31644003818665553602007-02-21T10:14:00.000-08:002007-02-21T10:14:00.000-08:00I think you have the ranges spot on, on an nationa...I think you have the ranges spot on, on an national level though. I was wondering about the variance for a Senior Analyst in NYC area and size of the company/industry.Anonymousnoreply@blogger.com