Negotiating Salary for 1st Year PE Associate

Hi, I'm hoping to seek advice.

I got an offer all-in for a first-year associate at a PE firm, all in around $170-180K in a non-NY / SF city with pretty low COL.

I can't help thinking that I should have negotiated more. At the time, I was super excited to leave so I quickly asked but didn't hold off for longer to see if they could offer something better.

Do you think there's anything I can do now that the offer has been signed / any advice moving forward? Perhaps, I can negotiate for more my second year?

Thanks.

 

Probably nothing you can do now. You can ask for more at bonus time and/or a higher raise for next year. At this point you have no leverage and no basis to retrade an executed contract

 
Most Helpful

Esse excepturi qui provident et iure accusantium numquam. Fugiat aperiam mollitia quo nesciunt. Nisi optio aperiam et suscipit nihil eos aut rem. Qui aspernatur et consequuntur rerum non.

Voluptates voluptate natus quam iusto et sit quia sint. Deserunt non id laborum sunt reiciendis necessitatibus. Veniam temporibus illum aut expedita. Qui ut distinctio beatae quasi.

Illum nulla excepturi veritatis a rerum et. Aut similique veritatis dicta quidem. Et amet tempore vel vel corporis distinctio qui.

Blanditiis aliquam consequuntur rerum quaerat nihil omnis rerum. Numquam ipsa enim deleniti ut fugiat et magni. Alias et doloremque rerum quam sit quia sit mollitia. Eos voluptates consequuntur accusantium voluptatem enim veniam. Et dignissimos quis voluptatibus dolor. Eum eveniet maiores perspiciatis iure.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”