Back Office Comp at Boutique HF / PE Shops
It's certainly nowhere near as good as traders / deal team / front office, but does anyone know what type of bonus (%) a fund accountant, IT professional, etc. gets in an average year at a boutique HF or PE shop? Is it locked at a fixed percentage or does it usually go up with additional years of experience with the firm? Also, are these positions typically limited to 3-5% bump in base salary per year, except in the case of promotions?
Any insight would be greatly appreciated.