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Job Progression

I currently am holding a summer internship at an multinational consumer goods company. I am very pleased with the opportunity to be in logistics as I think I will find it more interesting than hardcore chemical engineering.

The starting salaries are high but I want to know how easy it is to progress in a large company such as Unilever, Colgate, Coty, etc. Do the salaries hit the salaries go anywhere near the 6 figure mark within the first 10 years, or is it a much slower progression? Also how many positions would someone be likely to fulfill, and for how long each, before reaching a 'high' level?
Reply 1
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Doones
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Original post by TheChemEngGuy
I currently am holding a summer internship at an multinational consumer goods company. I am very pleased with the opportunity to be in logistics as I think I will find it more interesting than hardcore chemical engineering.

The starting salaries are high but I want to know how easy it is to progress in a large company such as Unilever, Colgate, Coty, etc. Do the salaries hit the salaries go anywhere near the 6 figure mark within the first 10 years, or is it a much slower progression? Also how many positions would someone be likely to fulfill, and for how long each, before reaching a 'high' level?


6 figure compensation packages (not the same as salary) at those kinds of companies would probably be at Director or VP level. Unlikely within 10 years

https://www.glassdoor.co.uk/Salary/Unilever-Salaries-E3513.htm?sort.sortType=BP&sort.ascending=false

https://www.glassdoor.co.uk/Salary/Procter-and-Gamble-Salaries-E544.htm?sort.sortType=BP&sort.ascending=false
Outside of investment banking and other such types of career, you probably won't see six figures (in today's money) in your entire life.
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Original post by Smack
Outside of investment banking and other such types of career, you probably won't see six figures (in today's money) in your entire life.


Not true, but yes it's uncommon, and usually limited to senior management roles.

e.g. just looking at FMCGs (as per the OP)

Gillette https://www.glassdoor.co.uk/Salary/Gillette-Engineering-Director-Salaries-E471793_D_KO9,29.htm

P&G https://www.glassdoor.co.uk/Salary/Procter-and-Gamble-Associate-Director-Consumer-and-Market-Knowledge-Salaries-E544_DAO.htm?filter.jobTitleExact=Associate+Director%2C+Consumer+%26+Market+Knowledge
Original post by jneill


Yes, but most people won't rise to senior management.
Reply 5
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Original post by Smack
Yes, but most people won't rise to senior management.


I agree it's uncommon, but actually probably more will than make a succesful career in IB :wink: And big outfits, like multi-national FMCGs, have a *lot* of senior managers.
Original post by jneill
I agree it's uncommon, but actually probably more will than make a succesful career in IB :wink: And big outfits, like multi-national FMCGs, have a *lot* of senior managers.


I started out at one of the biggest companies in the world and can attest to how many mangers there are. But then this leads to the problem of there being too many chiefs and not enough Indians. A lot of people may be put off by this environment, but I suppose if you want six figures you'll easily deal with it.

Still, the statistics are stacked against making senior management. But it's worth a shot, though.

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