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The job titles in the different industries are pretty interesting, also, that inflate/confuse things. At financials (and sometimes sales departments), you have
by bfung 2y ago
The job titles in the different industries are pretty interesting, also, that inflate/confuse things.
At financials (and sometimes sales departments), you have, from most junior to senior:
1. Associate
2. Analyst
3. Vice Presidents
4. Directors (MD - Managing Director)
Whereas in software/tech, it's usually Directors that are subordinate to Vice Presidents.
- dexwiz 2y agoI heard a major US back had something like 9k VPs. Reason is the same as GP. Everyone felt special when they had a VP personally handling their account. I have seen Product Management go this route. Seen Senior Directors with 5 or less, sometimes 0, direct reports.
- p_l 2y agoI'm not an expert, but I was once told that in many jurisdictions banks etc. have so many "Vice Presidents" because it's essentially part of legal requirements for some of the tasks the VPs do - sometimes you literally need someone who is, at least on paper (and thus Responsible) appropriately high in management structure. Personally I once needed[1] to have private, personal bank account opening, vetted officially "by board of the bank", but probably through similar council of seemingly overinflated job titles, but whose job titles included appropriate legal responsibility for the action taken. [1] Run of the mill personnel could not even get answer why, ultimately it turned out due to various legal requirements someone with high job title had to sign off on "We know this customer and verified they are so and so"
- _heimdall 2y agoI contracted at AT&T for a couple years. Everyone hired there into an office job is technically hired as a manager, regardless of their actual role, because then you can't unionize. Sometimes companies do weird things to avoid rules or laws, having 9k VPs sounds like they would be doing something similar.