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Cut their income in half and get 1.5 million which is 0.008% of PG&E's income. Then those three SVPs will leave and you will need to hire three more which won't

Cut their income in half and get 1.5 million which is 0.008% of PG&E's income. Then those three SVPs will leave and you will need to hire three more which won't be cheap. How much do you think a SVP in a company making 18 billion a year should be paid? That sounds like a lot of responsibility to me and the people qualified for the job will expect to be compensated accordingly. Anyway, I doubt you would come out in the green at the end of this pointless exercise.

Dylan16807 7y ago
How many SVPs do you need? And what makes you think you can't find a competent manager for $250k a year?
- ericd 7y ago
  Because you can get much easier jobs that pay $250k? And because jobs at that level at other big companies frequently pay much more than the current $500k, even? Basically, you're going to get outbid for the people you want.
  - Dylan16807 7y ago
    Being a vice president doesn't seem particularly hard, as jobs go. The 99th percentile for income is $300k, and there's no way the difficulty even approaches that percentile. Can you name some much easier jobs that pay that much? You'll always be outbid for the absolute best, but I see no reason you wouldn't have plenty of viable candidates when you're offering >98th percentile income for a management job.
    - ericd 7y ago
      Being a developer at one of the big tech companies is much easier than being an SVP in a big org, as one example. From what I've seen, you need to be extremely type A to succeed as an SVP most places.
      - Dylan16807 7y ago
        That might pay $150k, which is significantly less. Also being "extremely type A" doesn't sound like a difficulty, really. And I don't see how it justifies 99th percentile pay either.
        opportune 7y ago
        Maybe right out of school with no competing offers There are 24 year olds at LinkedIn and Facebook making $300k
        Google234 7y ago
        And Google. Def possible to be a high performing L4 or even L5 at 24.
        ericd 7y ago
        There’s a lot wrapped up in that statement about being extremely Type A. Like responding to emails after hours within 5 minutes. Maybe you don’t think that’s difficult, but it certainly means sacrificing a lot of your home life in a way that a lot of jobs don’t involve. And yeah, you clearly haven’t been keeping up with dev pay scales at big companies if you think it tops out at 150k. I knew people at $300k total comp a few years out of school, and senior engineers can make far more.
        Dylan16807 7y ago
        If you're one VP of many, you might have to work out of hours occasionally, but you can have a special emergency line that's only used ten times a year. You don't need to sacrifice your life the way a small business CEO might have to. > And yeah, you clearly haven’t been keeping up with dev pay scales at big companies if you think it tops out at 150k. Okay. I don't know any of these devs and just did a search.
        ericd 7y ago
        Check out levels.fyi for a good source of salary info if you want to get a better picture. SVPs at big companies run entire divisions of thousands of people. They make it to those levels by being workaholics and politically adept.

Dylan16807 7y ago

How many SVPs do you need? And what makes you think you can't find a competent manager for $250k a year?

ericd 7y ago
Because you can get much easier jobs that pay $250k? And because jobs at that level at other big companies frequently pay much more than the current $500k, even? Basically, you're going to get outbid for the people you want.
- Dylan16807 7y ago
  Being a vice president doesn't seem particularly hard, as jobs go. The 99th percentile for income is $300k, and there's no way the difficulty even approaches that percentile. Can you name some much easier jobs that pay that much? You'll always be outbid for the absolute best, but I see no reason you wouldn't have plenty of viable candidates when you're offering >98th percentile income for a management job.
  - ericd 7y ago
    Being a developer at one of the big tech companies is much easier than being an SVP in a big org, as one example. From what I've seen, you need to be extremely type A to succeed as an SVP most places.
    - Dylan16807 7y ago
      That might pay $150k, which is significantly less. Also being "extremely type A" doesn't sound like a difficulty, really. And I don't see how it justifies 99th percentile pay either.
      - opportune 7y ago
        Maybe right out of school with no competing offers There are 24 year olds at LinkedIn and Facebook making $300k
        Google234 7y ago
        And Google. Def possible to be a high performing L4 or even L5 at 24.
      - ericd 7y ago
        There’s a lot wrapped up in that statement about being extremely Type A. Like responding to emails after hours within 5 minutes. Maybe you don’t think that’s difficult, but it certainly means sacrificing a lot of your home life in a way that a lot of jobs don’t involve. And yeah, you clearly haven’t been keeping up with dev pay scales at big companies if you think it tops out at 150k. I knew people at $300k total comp a few years out of school, and senior engineers can make far more.
        Dylan16807 7y ago
        If you're one VP of many, you might have to work out of hours occasionally, but you can have a special emergency line that's only used ten times a year. You don't need to sacrifice your life the way a small business CEO might have to. > And yeah, you clearly haven’t been keeping up with dev pay scales at big companies if you think it tops out at 150k. Okay. I don't know any of these devs and just did a search.
        ericd 7y ago
        Check out levels.fyi for a good source of salary info if you want to get a better picture. SVPs at big companies run entire divisions of thousands of people. They make it to those levels by being workaholics and politically adept.