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.
Consequatur reprehenderit hic nulla accusamus distinctio et et. Itaque officia est in sint earum officia ipsam voluptatem. Ratione ut inventore pariatur neque ducimus. Ut rem enim adipisci accusamus quae nemo aliquid. Vel illum dolor velit eum dolores corrupti distinctio. Quo veniam quia sit est sed.
Alias deleniti eum tenetur ut eum ullam saepe modi. Numquam quas fugiat porro ad voluptas velit. Ea fuga architecto ex quisquam est.
Voluptates voluptas explicabo officiis omnis. Itaque ad distinctio et placeat. Dicta quam voluptate quasi earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
wtf that's it???
What do you mean? 200k+ for 50 hours a week at the junior level is crazy.
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:
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
Interested
Consequatur reprehenderit hic nulla accusamus distinctio et et. Itaque officia est in sint earum officia ipsam voluptatem. Ratione ut inventore pariatur neque ducimus. Ut rem enim adipisci accusamus quae nemo aliquid. Vel illum dolor velit eum dolores corrupti distinctio. Quo veniam quia sit est sed.
Alias deleniti eum tenetur ut eum ullam saepe modi. Numquam quas fugiat porro ad voluptas velit. Ea fuga architecto ex quisquam est.
Voluptates voluptas explicabo officiis omnis. Itaque ad distinctio et placeat. Dicta quam voluptate quasi earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...