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Velectro Posted 19 years ago
Business & Finance

Relocation! Chicago Salary.

Hi everybody,

my best friend is evaluating a firm job offer about an account executive role in Chicago managing about 4 milion of euros of revenue. We don't know what is the right salary request, how the American salary is structured.

For example in salary.com we found this table:

Local Base Salary Range






Account Executive
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Location: Chicago, IL 60624




10th
25th
75th
90th





$42,852
$54,826
$82,727
$96,156



HR Reported data as of July 2007
Methodology



Percentile
10th
25th
75th
90th


Chicago, IL 60624
$42,852
$54,826
$82,727


What means in this case percentile 10th, 25th etc,,,





Local Base Salary Range





Account Executive
New Search | Help

Location: Chicago, IL 60624




10th
25th
75th
90th





$43,650
$59,754
$102,270
$124,875



HR Reported data as of July 2007
Methodology



Percentile
10th
25th
75th
90th


Chicago, IL 60624
$43,650
$59,754
$102,270
$124,875



Local Base Salary Range







Account Executive
New Search | Help

Location: Chicago, IL 60624







Benefit
Median Amount
% of Total




Base salary
$67,978
63%


Bonuses
$9,465
9%


Social Security
$5,924
5%


401k/403b
$4,801
4%


Disability
$1,239
1%


Healthcare
$5,328
5%


Pension
$3,253
3%


Time off
$10,127
9%


Total
$108,115
100%












What this tables do mean?

What salary he would require?

There is some american peoples that can help us?

Thanks in advance



  

Top answer

It's hard to know how to answer this, without really knowing more about the job and your friend's experience. Chicago is a relatively expensive place to live. When someone receives a job offer, usually it's the base salary that it offered, and there is an indication of what the bonuses are, depending on the company's performance as well as the individual's performance.

  • It's hard to know how to answer this, without really knowing more about the job and your friend's experience.
  • Chicago is a relatively expensive place to live.
  • When someone receives a job offer, usually it's the base salary that it offered, and there is an indication of what the bonuses are, depending on the company's performance as well as the individual's performance.
  • The way percentiles work is that they tell you how many people have a lower score or salary than this.
  • If the 10th percentile is $43,500, then only 10% of the people in this catagory earn less than this amount.
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2 Answers
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It's hard to know how to answer this, without really knowing more about the job and your friend's experience. Chicago is a relatively expensive place to live. When someone receives a job offer, usually it's the base salary that it offered, and there is an indication of what the bonuses are, depending on the company's performance as well as the individual's performance.

The way percentiles
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Thanks for your reply, you have been really kind.

I think that we would consider a middle management role, at least and experienced role. He must improve the revenue to 4 milions of $ from 2. He would be responsible for the all north America and Canada market. I think that is a really important role.

In Italy the right salary is about 50.000 Eur. yearly gross income + OTE (about

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