Comp updates after signing
If you sign an offer two years prior to your start date (i.e. signing a 2025 offer in 2023). Do the compensation numbers in the initial offer letter get updated to match current market when you finally start?
If you sign an offer two years prior to your start date (i.e. signing a 2025 offer in 2023). Do the compensation numbers in the initial offer letter get updated to match current market when you finally start?
Career Resources
If you're at a large firm that happens to raise base in that time then yes - ASO numbers are set across the firm and new contracts are issued. At MM or below it's unlikely, given you've already signed an offer at a current number.
Comp doesn't tend to move a lot year to year though, especially since many PE firms already raised base in 2021/early 2022. Would be surprised if your comp number is outdated when you start.
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