How the heck do we get AKKR to raise pay???

Based on the most helpful WSO content, here are some insights and suggestions:

1. Express Concerns Collectively:

   • As seen in the "Where are the raises for ER??" thread, collective action and voicing concerns can sometimes lead to changes. If enough people express dissatisfaction, it might prompt management to reconsider pay structures.

2. Highlight Record Profits:

   • In the same thread, a user pointed out that record profits in markets, IB, and credit losses being the best in 20+ years should justify pay raises. Use this argument to make a case for increased compensation.

3. Avoid Overloading Juniors:

   • From the "How can we do better?" thread, it's clear that overloading juniors with work without proper compensation leads to dissatisfaction. Highlighting the importance of fair workload distribution and adequate compensation can be a strong point in negotiations.

4. Middle-Management Advocacy:

   • Middle-management needs to step up and advocate for their teams. As mentioned, they should give MDs a reality check when unnecessary work is created. This advocacy can also extend to pushing for better pay.

5. Retention of Top Performers:

   • Emphasize the risk of losing top performers if pay is not competitive. The best workers might leave if they feel undervalued, which can be detrimental to the firm in the long run.

6. Public and Internal Pressure:

   • Similar to the suggestion in the "Where are the raises for ER??" thread, consider getting articles out there or using internal forums to build pressure for pay raises.

By combining these strategies, you can make a compelling case for AKKR to reconsider their pay structure and ensure that employees feel valued and fairly compensated.

Sources: How can we do better?, How can we do better?, Where are the raises for ER??, Does not seem fair how much money we are making compared to other industries, When the **** are Moelis / PJT / PWP / Evercore going to increase base pay?