• snooggums@midwest.social
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    9 months ago

    It is so customers can feel good about working with a VP for their personalized service.

    Hierarchy theater.

    • wizardbeard@lemmy.dbzer0.com
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      9 months ago

      Very very much a thing in Finance, with tiers of VP too (Assistant VP, VP, Senior VP). Even for people doing internal support, it makes the internal “customer” feel good.

      It was a learning experience when I was told not to prioritize anyone below SVP.

      It’s often also used as a compensation aid when someone has maxed out their pay band or title but there isn’t a management slot open or they don’t want to do management. My team doesn’t have titles for team leads, but all our “unofficial” ones have at least an “Assistant” VP title.