Hi folks
I have a random question, hoping that someone here might know the answer. I have looked on the myhr site, but I cannot find much regarding officer title information.
My question, is there any formal structure to how the titles are aligned to each pay grade?
Example Avp 13- 15 VP 16-? Etc...
Appreciate any insight folks might have on this.
These titles mean nothing. It is complete garbage.
Relative to officer titles…supposed to be based on salary grade
Wait until AC comes back dissatisfied given up his President title and gives himself the title - “Super senior Executive President” or something of sorts. It’s all pointless titles anyway when ElCero has SEVP title.
Correct. Prior to a couple years there was no correlation (at least at the AVP/VP levels) on the title and pay grade. It was an excellent way for the bank to pay less while st-----g the employee's ego. And it wasn't just U.S. Bank doing it. In fact Chase was known to have around 10K VPs.
But all that changed in the last couple years and now those titles can only be assigned towards a certain pay grade. They did try to reconcile those who were grandfathered so 99% of the titles are now in alignment with the pay grade (11,12 - Officer, 13-15 - AVP, 16,17 - VP etc.)
Funniest office title is that of SEVP in my opinion. Imagine how big of an egotist it must take to not be content with the title of Executive Vice President (less than 25 hold it in 75,000+ company) that they need to step it up to a SENIOR Executive Vice President. Ha! It gets meaningless after a point.
The system changed a few years ago. Just like the other commenter said, this is 100% correct.
Officer is 11-12; AVP 13-15, VP 16-17, SVP 18 and above
I think managers however can submit special exception requests to get VP at 15, and even request people not get a officer title if they're really bad at their job. But not too sure on that. But knowing HR these days, I doubt they would approve any of that.
Prior to probably less than a year ago…the officer title designation didn’t necessarily align to appropriate grade levels. So a 14 for example could have been assigned a VP title vs today the appropriate designation is AVP. These people were grandfathered in and allowed to keep title after the policy was made more official corporate wide.
Thanks gang!!!
Officer is 11-12; AVP 13-15, VP 16-17, SVP 18 and above
Avp is def until 14 at least
Used to be that SVP titles start at grade 17. Although I've heard of people who are at a 17 but not approved to use the SVP title. Probably bc their boss would feel diminished if they had other SVPs reporting to them.
I only know that grade 13 is an AVP and grades 14 & 15 are VP titles.