Jan 14, 2024
6 Comments
 

Ah, it looks like you're sharing some compensation details for a credit role and seeking further insights. Based on the most helpful WSO content, let's break down what you've provided:

  • Years of Experience (YOE): 3.5 years
  • Location Type: High Cost of Living (HCOL) area
  • Weekly Hours: Approximately 47 hours
  • Total Assets Under Management (AUM): Greater than $100 billion
  • High Yield (HY) AUM: $2.5 billion
  • Base Salary: $120,000
  • Bonus: $95,000
  • Total Compensation: $215,000
  • New Base Salary: $130,000

This compensation package seems competitive, especially considering the relatively balanced work hours and the significant AUM you're handling. In the context of the credit industry, a total compensation of $215,000 with 3.5 years of experience indicates a strong performance and recognition within your firm.

If you're looking for a comparison or validation, the WSO forums are a great place to see how your package stacks up against others in similar roles. You can also check out the WSO Salary & Compensation Guides for more detailed benchmarks. Keep in mind that compensation can vary widely based on the firm's size, performance, and the individual's contribution to the team.

Sources: S&T Bonus/Comp Thread 2023, 2022 Private Credit Year End Comp, Private Credit / DL Megathread

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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