Skip to comments.Private equity hiring never been hotter, VPs receiving up to 4 job offers a week & bonuses soaring
Posted on 11/15/2018 6:23:37 PM PST by 2ndDivisionVet
It's never been a better job market for private equity professionals, with the sector seeing the most active hiring market ever, according to a new report.
In a survey of 630 North American investment professionals released Tuesday, recruiting firm Heidrick & Struggles found that more than half of respondents saw an increase in base salary this year compared with 2017. More than three-quarters of that group saw their base salary increase up to 20%. Managing partners saw the biggest increase, with base compensation up 13.6%, to $768,000.
Bonuses are rising, too: 77% of those surveyed said their bonus increased from 2016 to 2017, with 90% reporting an increase of up to 50%.
As compensation ticks up, so are opportunities to move elsewhere. Vice presidents reported receiving one to four new opportunities weekly and said they're becoming more selective about taking a new job....
(Excerpt) Read more at businessinsider.com ...
The currently falling Stock Market is not going to show any of these managers as geniuses.
This was a survey of private equity. Much of this now stays private and the average doesnt even get a sniff of participation. The stock market is getting so convoluted and regulated and sue happy that aggressive growth companies stay out.
As a result small pe companies are getting top notch help.
6 muntz ago I couldn’t even spel “Private equity, now I do it for a living.
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