is 120 base 100% target bonus A1 legit?
On the high end of pay for top PE firm RE roles I know 110 base with 80%+ bonus happens. So that would be around 200k all in for 1st year analysts. Does 120k base and 100% bonus out of undergrad sound right though? On top of a 25k signing bonus (i know other "top" firms will give around 30 so I can believe this)
Some IB/EB probably pay this range but I am wondering if anyone actually knows people getting paid this well in RE
Is that an actual offer you have?
Bonuses are always discretionary so you should accept the bonus number as a target and not gospel. A lot can happen from signing to payout and I don't know if any firms that guaranty bonuses to first years.
Is this a Megafund?
Was quoted $100-120k base with 80-100% bonus by a recruiter for a MF Analyst role in NYC. I don’t think its out of the question but don’t think its common.
If it is real get ready to work 25 hours a day
Maybe I'm out of touch, but $200k+ is the highest I've ever heard for an A1 in RE unless we're talking post-MBA or after doing two years in IB first (assuming you mean undergraduate A1 since post-MBA usually start with associate title). Are you saying you're coming straight out of undergrad with 0 full-time experience?
For an associate role, yes. For an analyst role, no.
Either way these are going to be quasi-banking hours.
If it is real, that is incredible. I won’t hire people strait out of undergrad because it takes too much time to train them.
Just started an REPE role after 1 year of banking. 125k Base, ~80-100% bonus.
Like someone said above quasi banking hours. Average day is 9 - 7/8pm (not terrible) but when deals pick up, which is more often than not, easily working 1/2am and weekends.
You get paid for what is expected of you. I am being paid like an EB / Megafund (note my firm is not a MF but regularly competes on similar institutional levels deals) but I work like I am in banking for the most part.
One big difference vs. banking is my schedule is a bit more predictable and I rarely find myself doing BS pitches.
Team is lean, but I am the only one with prior IB experience. The rest of the team came from other REPE shops.
Mind sharing how you secured the role / came about the opportunity ? Trying to jump from REIB as well but see very limited opps.
Through a headhunter. But was interviewing with multiple firms. I got interviews via a mix of headhunter, networking, and applying online.
It’s legit for basically all megafunds yeah
Im at an UMM REPE, first year pay is $90k + 100% bonus so makes sense
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