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.
Eum doloremque ducimus nihil architecto eum. Ut asperiores numquam temporibus ipsam sint provident iste. Et vel quod sunt ut. Laborum reiciendis corrupti magni consequatur nisi. Quis enim deleniti corporis molestias tempore.
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...