At what level do you get a secretary?
As the title suggests, at what level does a private equity professional get his own secretary? Would it be at Principal/VP level?
As the title suggests, at what level does a private equity professional get his own secretary? Would it be at Principal/VP level?
Career Resources
Do you really think you need one? Are you looking for someone to bring you a cup of coffee in the morning?
Don’t usually get your own unless you’re a senior partner (the EAs typically have multiple people that they cover), but you’ll have one even as an analyst to help with expense reporting, meeting planning, etc
typically teams have 1 executive assistant. but why do you care?
When you make it rain enough to cover rent, expenses, and salaries of staff, and need help with getting all your shit organized/keep a gate for any incoming BS requests. At banks generally group/team heads at the MD level.
When you can pay for one
Definitely not VP. Even partners often split secretaries - there's just not that much work to be done covering 1 person's schedule unless they've got tons of media requests or huge travel to cover, or you're also handling personal/family scheduling. My group head in banking who made high 7 / low 8 figures split his secretary with a few analysts.
Unless your firm pays ~$100k - $150k, your EA is not going to free up time, and is likely to cause more problems than solve problems.
Some people will say that sounds like a lot for an EA, but I have yet to meet a single person (with intelligence) who has made an EA solve out at lower pay grades. Maybe one guy I know in bumfuck nowhere paying ~$80k but still...you need reasonably bright people to free up time.
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