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Why is my Comp so low?

Hi Guys,
I've just graduated and I'll be starting work at a PE firm next month. My comp is 55K base and 15K bonus. Why is this so low compared to all the other PE firms? It seems like everyone else going into PE from undergrad is getting 150K all in.

Am I getting underpaid? or are the other people just getting paid a lot?

Any thoughts on this would be nice.

No votes yet
ST2008's picture

Yes, that's very low,

Yes, that's very low, comparing to other PE firms. You should negotiate with them and be clear by pointing out to them that you are getting 50% less than the industry average. But before you do that, you need to know how much are you paid and compare it with ur peers.

Hard to say without more

Hard to say without more info. Probably underpaid, but what type of fund do you work for - fund size, control investments, fund of fund?

I'm going to be starting

I'm going to be starting with around three other analysts. We all had prior internships in banking too.

How much AUM

How much do they manage? Are they a fund of funds?

This sounds about right if you're joining a fund of funds or if its a brand new start-up fund with $100-200M AUM.

It's not a fund of funds,

It's not a fund of funds, and their AUM is over 2B.

.

LonelyPlanet wrote:

It's not a fund of funds, and their AUM is over 2B.

You're getting nowhere near market comp.

maybe they meant 15k signing

maybe they meant 15k signing bonus w/ year-end tbd? just a thought...

are you sure this is regular private equity?

sounds like some sort of asset management job, not private equity.

soo...

if i was to snag an analyst position, out of undergrad, at a PE shop (buyout) with $100M AUM, i could expect to preview something similar to the OP?

so 55k and 15k or do you guys think that the 15k might only be a signing bonus and there could be a year end bonus on the backside? whats market for a firm with the aforementioned characteristics? thanks.

$100M AUM

cphbravo96 wrote:

if i was to snag an analyst position, out of undergrad, at a PE shop (buyout) with $100M AUM, i could expect to preview something similar to the OP?

so 55k and 15k or do you guys think that the 15k might only be a signing bonus and there could be a year end bonus on the backside? whats market for a firm with the aforementioned characteristics? thanks.

I would put the range at $70K-100K all-in, depending on the firms culture, your background/experience, and how much you contribute.

thanks...

thanks patekphilippe. considering i am the only person, besides the office manager, that isn't a partner...i suppose i would contribute a good amount, lol.

now, i only need them to offer me a job...working for free sucks!

theres ppl workin at UPS

theres ppl workin at UPS makin more..i think the truck driver dude..walks with 70k..i could be wrong

Your comp is low because

Your comp is low because from the minute you walked in the door, your entire being just screamed, "I enjoy getting bent over and fucked. I love it."

Believe me, I can sense it from your post - you are a weak person and you suck at life. When they meet someone like you, they will take advantage of your small, quivering, insecure, boy-like personality. In conclusion, I am sorry you have a small dick.

___________________________________
http://www.drmarkklein.blogspot.com/

Mark Klein MD

mark klein MD wrote:

Your comp is low because from the minute you walked in the door, your entire being just screamed, "I enjoy getting bent over and fucked. I love it."

Believe me, I can sense it from your post - you are a weak person and you suck at life. When they meet someone like you, they will take advantage of your small, quivering, insecure, boy-like personality. In conclusion, I am sorry you have a small dick.

___________________________________
http://www.drmarkklein.blogspot.com/

So, does anyone know this guys story? He seems to be a tad bit angry and enjoys being obnoxious in all his responses. Is this some long running, inside joke or is this guy for real?

funny...

http://campaigns.wikia.com/wiki/Mark_Klein

"the real investment bankers, albeit 21-something, would drown me with a single shot of banker juice to the face."

Mark Klein

Hopefully, when I am 65 years old I will spend my free time traveling the world on my yaught, not visiting message boards and harrassing young prospective monkeys. But for a moment lets enter your realm of expertise, which according to your site is "Winning the War on Terror."

Do you have much experience fighting terrorists Mark Klein? Have you served your country at arms?

I'm shocked at how many

I'm shocked at how many people don't understand satire.

nice yaught

nice yaught

opticalcharge's picture

Totally check out the "What

Totally check out the "What I do in my free-time" section. See: http://campaigns.wikia.com/wiki/Mark_Klein

While at first interesting, his or her comments do go over the top, all too often.

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