Thread regarding CVS layoffs

DL salary package

Is it possible for a DL to make 300k annually - total package: salary, bonus, stock options? Northeast location.

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| 2751 views | | 6 replies (last February 7, 2023) | Reply
Post ID: @OP+1koiu7Qj

6 replies (most recent on top)

I left the company two years ago. Made $320k my last year as a licensed DL. Base salary was $170k, vested RSUs were a little under $50k, and bonus was $105k. Waiting to collect made walking away easy.

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Post ID: @Gdsx+1koiu7Qj

District leader's bonus target is 27% of their base compensation, they also have a $36k Restricted Stock Unit (RSU) target funded at 90%. Meaning that not all DLs in a RDs span will get that $36k but most do. The RSUs vest over a 4 year window ($9k a year), and the higher/lower performance along with future potential will impact how much Stock is awarded.

As for base compensation, most FS DLs are between $100-150k.

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Post ID: @1seh+1koiu7Qj

@mzd+1koiu7Qj the question is, did you make that much in one year as CVS middle management?

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Post ID: @zaz+1koiu7Qj

I happen to work in the comp department. The average DL salary is around $113k and average bonus payout in March is around $22k. We haven’t offered stock options as part of incentive plans for several years now. Averages include FS DL’s. Likelihood of a single DL getting $300k is exactly 0% because it hasn't happened yet.

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Post ID: @kct+1koiu7Qj

Yes, I’ve made well over $300k the past 2 years. $190k salary, $110k bonus, $75k stock.

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Post ID: @mzd+1koiu7Qj

Lol

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Post ID: @jgh+1koiu7Qj

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