Getting close to the final stages of an interview process. External recruiter has asked me to disclose before progressing. I have already asked him to provide me with an expected range for new opp. but he keeps requesting current data before he shares. How to best navigate?
| +60 | Working on Juneteenth | 35 | 1d |
| +25 | Hardest time I have ever seen to be a GP | 3 | 2d |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 16h |
| +19 | Weighing exit from LMM PC/PE | 4 | 16h |
| +15 | Healthcare PE | 6 | 2d |
| +14 | KKR comp for Principal | 15 | 5h |
| +12 | LMM groups within larger platforms? | 1 | 6d |
| +11 | Reality of the move from LMM to MM | 2 | 5d |
| +9 | MBA and Private Equity | 3 | 1d |
| +9 | Free LBO calculator: value bridge, sensitivities, formula-linked Excel export | 0 | 6d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hi Shan_Oasis, hope I can help. Do any of these links cover what you're looking for:
More suggestions...
Hope that helps.
If they insist on u sharing data first, i have heard of people putting a premium on their current compensation (Total compensation). That’s up to you though. Hopefully they give a range first - isn’t it illegal in some states to ask people for their comp?
Your current salary is irrelevant but recruiters and employers seem to be fixated on this.
I wouldn’t suggest inflating your current salary as that can be found out / bad look if found out.
Slightly different approach if you are up for a promotion in the next 12 months / short time period is to share that number since that is your alternative or you can share the range for other opportunities you are considering.
Crappy recruiter. If they keep pressing, tell them what you’re looking for / what you’d be happy with based on similar comps and ask if this opportunity is in line with market. If they come back and say that’s too high, then you have your answer.
If you are being paid market/above market, is there any downside to this, as its pretty clear now that banking comp in the junior ranks beats out private equity comp.
I wouldn’t lie. Depending how they do a security check (if they use Work Number), it shows your comp from past jobs. Now if you have another job offer, you can inflate that cause they can’t check it
If you're in NYC, Cali, or a bunch of other states they're not allowed to ask that, and I would straight up say the new role is different enough that you don't feel it's a useful data point
Even outside of states banning it, this is kind of shady of a recruiter to keep insisting without giving a range. If you really like the company you could provide a range of your expected comp but definitely inflate it a bit. Unless your current salary is above market, or totally standardized like a BB IB salary, not helpful for you to disclose.
Voluptates porro occaecati eum autem quo quae iste. Nam qui aut quas praesentium nisi nihil at non. Non voluptatum consequatur fuga quis sint ut.
Beatae ut atque est aut et beatae temporibus. Accusamus eos iure mollitia aut unde exercitationem. Et eum repudiandae hic fugit aliquam repellat harum. Veniam vitae laborum tenetur amet quia qui. Ullam aut qui beatae error. Id ullam omnis voluptatem incidunt magni ipsam. Numquam magnam ea debitis doloremque doloribus voluptatem.
Est mollitia ea temporibus porro autem. Dicta consectetur sapiente eum optio voluptatem sunt. Unde pariatur quia cupiditate in. Consequatur aut aspernatur aut voluptatem commodi enim quia.
Recusandae molestiae nemo amet nemo et. A qui temporibus velit aliquam soluta corporis. Sunt sunt occaecati incidunt et unde voluptas facere. Molestiae quia inventore sed asperiores ratione eaque.
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...