Hey,
Just heard a connection got an offer from KKR in credit (London)
£110k + 90% bonus + £30k shares - I would call it market but ...
£100k signing bonus?! Is that common? Never heard that before - She's currently Associate 1 (max. 2) at a fund (less prestigious, smaller aum etc...)
Bullsh*t? Friend said it's because she's a girl ahah
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I mean if they need to buy out her previous bonus that would be the only driver. That and she managed to play two offers against each other (which is way more probable if you are a girl). But being solely a girl wouldn't work, we haven't gotten to that stage yet.
I have never heard 100k though, most I have heard is 20k (excl. bonus buyback) or just bonus buyback.
Exactly same thoughts! Bonus buyback would make sense but connection mentioned it was not the case, starting to doubt this a lot
It’s surely £110k base and 90% + stock related to guaranteed bonus at the year end
Bonus buyback is not uncommon and £100k wouldn’t be an uncommon bonus for associate 1
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