Can someone document 3M Job Grades and Titles and Salary Numbers.
I am looking at something that's similar to this outline at Bank of America's board here: thelayoff.com/t/ZnPwkIQ
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Thanks for posting this - the transparency is appreciated! I am really curious how significant the stock options are at T5 and above (though with current conditions, one could argue about their actual value). In other words, are the options actually enough to entice people to stick around for longer, or are they more of a nominal amount?
Q: How do you get out of the midpoint range?
A: Simple answer, you don't. The way to increase salary is to get promoted. (Or cynically, leave the company and come back 3-5 years later at a much higher JG - seen that happen several times)
The center points are set about 12% apart, the standard promotion raise in the US is 10% on top of annual raises.
The vast majority of everyone is paid between about 93% and 103% of the center points. (MRP in 3M HR speak). I would guess the average is probably around 98% of MRP. The annual pay raises are set up such that basically the only way to get above 110% or so of MRP is to literally be demoted from a higher JG.
How do you get out of the midpoint range ?
It is also worthwhile to note that majority of technical employees these days will end their career at the T4A levels after slogging for 25 to 30 years, provided that they are not canned before that.
Meanwhile if you are in a job where you are " managing " others, expect to get to the equivalent of a T5A or T6 in roughly 15 to 20 years or sooner. Just make sure to be a part of the brown nosed brigade, no other qualifications are required.
There are some exceptions, but for the technical functions and general management it runs like this:
Salaries are US center point numbers, total cash pay (base salary plus target bonus, not including stock options).
Percentage of bonus increases as the JG increases. It starts around 5% at T1/JG7, increases almost every JG from there.
Technicians and T-Scale Scientists/Engineers:
JG4 = Technician
JG5 = Advanced Technician
JG6 = Senior Technician
JG6A = Master Technician
JG7 = Senior Master Technician (overtime eligible)
JG7 = T1 - Chemist (or engineer or...) - 83k (not overtime eligible)
JG9 = T2 - Advanced Chemist (or...) - 100k
JG11 = T3 - Sr. Chemist - 124k
JG12 = T4 - Specialist - 143k
JG13 = T4A - Advanced Specialist - 167k
JG14 = T5 - Senior Specialist - 191k (stock options start here)
JG15 = T5A - Lead Specialist - 217k
JG16 = T6 - Division (or Staff) Scientist - 232k
JG17 = T6A - Sr. Division (or Staff) Scientist - 271k
JG18 = T7 - Corporate Scientist (This rank is also called the L3 leadership band)
Technical Manager Titles (salary is same across functions for these job grades.)
JG11 - Supervisor (rarely used in US) - 124k
JG12 - Supervisor - 143k
JG13 - Senor Supervisor - 167k
JG14 - Manager - 191k (stock options start here)
JG15 - Sr. Manager - 217k
JG16 - Director - 232k
JG17 - Sr. Director - 271k
JG18 through JG21 / L3 - Vice President - Salaries are not easily found for L3 and L2.
L2 - Division President or Sr. Vice President
L1 - Group President, Executive Vice President, or C_O - Check SEC filings for pay.