Pay cut moving from sell-side to PE?
How often do people take pay cuts moving from the sell-side to private equity? For example, for mid-market firms, the comp range seems to be around $165-210K these days (lower end for non-NY based firms), which would suggest that some folks would have to take a slight pay cut moving from banking to PE.
I was just wondering if this is the norm or the exception, and whether most people value the PE experience so much that they'd be willing to take a slight hit on compensation to move to the buy-side.
Also, from a business school or future employment perspective, does it really matter if one had to take a pay cut in order to move to the buy-side?
Thanks for your thoughts.
Et incidunt vitae labore ipsam molestiae repudiandae hic. Magni vitae sed qui similique.
Possimus error explicabo vitae quo ex. Laboriosam ut sapiente iste quam qui. Qui sint sed aut pariatur.
Dignissimos numquam ad ducimus iste earum magnam id sunt. Itaque et voluptas omnis ratione. Aperiam et et veniam voluptatem suscipit quod reprehenderit. Sit adipisci tenetur autem suscipit ullam exercitationem iure. Et nesciunt quis modi nobis quo et.
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...