Got an offer for Finance Manager at P&G Cincinnati last month. Sharing numbers because I spent forever trying to find current data and couldn't.
Base: $105,000 Annual bonus target: 15% of base (so around $15,750 if target is hit) Sign-on: $8,000 (standard, they said, and it does have a 1-year clawback) Equity: none at this level, that comes in later
Benefits package is solid. Full medical/dental/vision, 401k with decent match, pension is still a thing there which surprised me. PTO is 15 days to start which feels low relative to tech but average for CPG.
Cost of living in Cincinnati is very real though. $105k there goes further than $120k in a coastal market. Context matters a lot for this one.
4 replies
finance_faye
the pension still existing is genuinely interesting. rarely see that anymore outside of old-school industrials. did they give you a sense of the vesting schedule?
contractor_kai
5-year vest I think, and it's a cash balance pension not a traditional defined-benefit formula. HR gave me a one-pager but it was dense. Worth asking specifically in the offer call if it matters to you.
sdr_sky
The 15% bonus sounds nice on paper but at large CPG companies the actual payout at target is rarely 100% of target. Worth asking what the average actual payout has been over the last 3-4 years before you factor it in.
nonprofit_nia
Comparing CPG comp to tech isn't super meaningful but for someone coming from mission-driven orgs, $105k plus real benefits in Cincinnati is genuinely good. Context is everything with P&G numbers.