Hi team! Can anyone with management experience share whether or not the management route is worth it from a money perspective? I know that I don't want to be a first line manager, but the work of second and third line leaders (less operative, more strategic) is what I find really compelling. On the flipside, I don't want to be married to my job. I don't mind putting in longer hours, but working 60hour weeks for years would probably be a bit too much - at least if salary is not on par with it. So the question is basically: Can anyone share how much you make as a Regional VP like VP EMEA and if you have to be married to your job at that level? If possible, especially european numbers would be interesting, but anything is super helpful!
Thank you for the response! I specifically asked about money, because I enjoy both - being an IC and doing frontline sales as well as running a sales organization (think at least manager of managers or rather even third line management). What I enjoy less is the first step in management, basically the fist line management position. Having said this and from the assumption that I would enjoy both jobs: How does money compare at these levels? Stress will likely be higher in management, which is fine to a degree - but not if money is not on par as I also enjoy my current job.
Commenting as a front line leader - My POV is that, with anything in sales, if your heart isn't in it, the money will never be worth it. There is a grind to any sales role and the responsibility only grows up the chain. If someone is only in it for the money, the quality of work will suffer and impact their success. I have also found, as a front line leader, that my top 1% performers often out earn me. It's more difficult to hit crazy accelerators as a leader as you likely have A, B and C performers all balancing out attainment. As an AE my top performance periods were close to 300% to goal. As a leader, my max attainment rates have been closer to 120%. Lastly, I had more autonomy over my schedule and my day as an individual contributor. TLDR: If money is the main driver, become a top 1% seller and find the best organizations to work for.