2023 1st Year Associate Comp Discussion
Creating this thread so all the kings and queens out there can have some reference when/if negotiating comp.
I’ll go first. MF, SF based, 350 all in including relocation bonus. YE bonus amount is set and guaranteed in writing.
This thread has the potential to help move the needle on PE's reaction to the IB bumps. Let's keep them coming. I'll be sure to update once I hear what my firm is offering, but we haven't kicked off yet.
Agreed, PE pay transparency is very needed. A lot of offers going out today with base or all in comp less than that of a BB Asc1. People need to get back to the drawing board a bit.
Maybe it'd be helpful if people also mentioned the particular type of firm/strat (i.e. Buyout/PE, GE, PC, SS, HF, etc.) given comp is all over the place right now across different strategies, funds, etc.