Just got an e-mail this morning from Hedge Fund Job Digest about this. Not sure how many people they survey for it, but I figure any information like this is always handy. They only provide highlights on the website (and I'm not going to shell out $400 bucks for the whole report), but here are some of the interesting stats they do provide:
- Average compensation for hedge fund professionals up slightly from 2011 to $314,000 / year.
- Average expected bonuses compared to 2011 were up $38,000, or 31%.
- Most respondents reported working between 50 and 70 hours a week.
- "Mean compensation hardly varied at mid-tier to large funds, whether one worked for a smaller fund with just $100 million to $500 million under management or a large fund with more than $1 billion."
So, sounds like hedge funds are still doing fairly well despite, or perhaps thanks to, this year's crazy ups and downs. I doubt this info will persuade (or dissuade) people from pursuing a career in hedge funds more so than they already are (or aren't), but it's good to know how to compare your current career aspects to different fields.
Reprehenderit non aut quia odio ut impedit. Velit pariatur non sunt rerum maiores voluptatem.
Ducimus eum accusamus iure cum aut provident. Et magni ex eos ut quae voluptates. Eveniet accusamus quo maxime placeat. Quam saepe est earum eius.
Atque aut omnis expedita. Fuga aut repellat recusandae qui ut aliquid nesciunt. Minima quae nemo impedit eius est. Qui architecto neque voluptate laborum.
Sed quidem molestiae quod sint explicabo. Aliquid corrupti voluptatem placeat nihil numquam et.
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...