The highest private equity earnings by title include CFO, Partner or Principal, Managing Director, and Vice President. That’s according to the 2008 Private Equity Jobs Digest Compensation Survey conducted in Fall, 2008, by JobSearchDigest.com.
The survey includes private equity compensation data directly from hundreds of private equity and venture capital partners and employees from firms, both large and small. Some of the participating firms include: Credit Suisse, Delta Partners Group, Intel Capital, Kaiser Permanente Ventures, Lehman Brothers, Soft Bank Capital and many others.
Some of the biggest pay jumps are from Analyst to Senior Analyst, from Senior Analyst to Associate, and from Associate to Senior Associate. We see these jumps in early career roles as standard in the industry. Where the standard breaks down is in the mid-level roles, especially when carry comes into play. Roughly speaking, a Partner earns four times what an Analyst earns, and twice what an Associate earns.
Similar to what we saw in the hedge fund industry, this year’s private equity and VC report reveals that 47 percent are happy with their current level of compensation – an 80 percent increase in pay satisfaction from last year! And why not? The average total compensation, industry-wide, was $255,000 USD – up 14 percent from last year’s figure of $224,000.
You can read the Executive Summary of the survey at JobSearchDigest.com.
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