Post
Career Growth
4mo
a vice president
Awesome job offer but
I’ve received a new job offer with an excellent salary increase. Based on my research on AmbitionBox, the new salary aligns with the median for SVP/EVP roles in my industry (Banking & financial institutions). However, the designation offered is DVP, as the company seems to have a policy of only granting the VP title to those with 20+ years of experience (I cross checked on Linkedin too).
On one hand, I’m excited about the opportunity and the financial growth, but there's a small sense of dissonance in the back of my mind about the title. I understand that titles can vary from company to company, but it's still something I’m thinking about. What are your thoughts on the importance of designations, and do you have any advice for my situation? I will be honest, I am worried about external perception that people will only see the position of DVP, they may not appreciate how senior the position is within the company.
a manager
4mo
My role is much lesser to VPs but in my view, the names of the designations r just names only. As far as good paycheck, job security, work life balance and good culture is there in the company, it's a heaven to work in. Employer should also understand the value add... see more
a vice president
author
4mo
@a manager thanks
View 2 more replies
gemsbond
4mo
works at
If the DVP role is a solid step up in terms of responsibility and growth, and the pay is good, then maybe it's worth considering. Give it a chance
a vice president
author
4mo
@gemsbond indeed
Thanks
importantscorpion
4mo
works at
IMO a title is just a label. It's what you do with the role that really counts. If you're confident in your abilities and can see yourself thriving in the role, then go for it. Also, You could always use the opportunity to negotiate for a higher title in the future... see more
a vice president
author
4mo
@importantscorpion agreed. Thanks for sharing
a senior executive
3mo (edited)
Internal recognition is a must , you should seek opportunities to take on leadership roles and showcase your expertise.
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