Lower MM PE Associate Comp
Hey all,
Was just wondering if you all had any data points on what lower MM first year associate comp looks like?
Thanks in advance!
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For me, it’s $120k base, $80k bonus, small bit of carry, levered co-investing. Very LCOL city.
How do the hours look. Think WFH flexibility is possible or will you need to be office 5 days?
Will preface that I’m joining in 2023, but interned there in college so am very familiar with what it is actually like. I would say that juniors typically work ~55 hours a week, with some weeks being pretty light and others pretty intense. In terms of WFH, it’s more of a get your shit done culture than show face. I found most juniors to WFH 1-2 days a week, and during holidays (or dealing with personal matters) this was way more liberal. Also, most people go home by 6-7 to eat dinners with their families, and then will log back in after for a bit.
Can vary but generally speaking 175-250 all in is the range, with 100-140 of that being base salary.
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How are the hours looking?
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