Originally posted by Mark Herschberg:
I think titles are pretty meaningless, which is why I focus more on accomplishments and responsibilities when hiring someone.
On Wall St you become a VP after approximately 5 years,
At banks, anyone who is above a teller is a VP.
Titles are meaningless (in general). But they are cheap, so use them instead of paying more.
The old AT&T had eight different levels of VP, all strictly controlled. There was a big difference between an "Assistant VP" and a "Area VP" that was crystal clear to all AT&T folks, and completely opaque to everyone else in the planet.