I know there's been random discussion of this in the past, but I'm not seeing anything on the difference between the T and the V in the pay bands. Specifically looking at positions in the 7 band. Can anyone help? Thank you in advance
8 replies (most recent on top)
This only matters in Band 7-
7T is non-exempt (overtime eligible). Individual contributor, typically an analyst type of title.
7V is exempt. Either a supervisor or individual contributor.
They have nothing to do with having a team underneath you. I was a 7V individual contributor and didn’t have a team until I moved to band 6. (Which also has individual contributor roles but all are exempt).
Thank you friends, I appreciate this info.
Clarification: 7T doesn't have reporting people, but 7V might (there are 7V managers and 7V individual contributors - depends on jobcode).
I have no reporting people and am a V. It’s the job classification not just reporting or not.
V gets higher base % on STI
T gets to log out and call it a day.
I’ve been both and prefer T.
7T doesn't have reporting people and 7V does.
The amount at risk in the Short Term Incentive (STI) is higher for 7V.
Q does not exist. Think that was an old VZB band structure. The rest is correct. Note however, that ONLY band 7 has a T designation.
7T is usually a technical job position.
T = non exempt (aka hourly)
V = Exempt (aka salary)
Q (if this still exists) = salary but with overtime eligibility