How would you interpret the various levels of carried interest? For example, if my comp package included 3% carried interest, how does that translate? 3% of the promote from the Fund? 3% of the promote of individual joint venture investments? 3% of something altogether different?
While I certainly know a ton of firms paying within the ranges in the report, per level of seniority, I do not believe it is average by any means. Typically, the real institutional guys will only pay these kinds of average comp packages.
Thanks for sharing, much appreciated. Does anyone know the methodology used to get participants for the survey? For example, was the survey solely taken from employees of funds based in NYC, or nationally? Obviously I expect it to be weighted toward NYC, but I'm curious.
If NYPEN is a partner, (the biggest NYC networking group for buyside RE by far), then would expect that the majority of the responses came from NYC based professionals.
Thanks for sharing. I do think these seem a little inflated, especially for the analyst level. Would have been nice if they broke out the funds between debt and equity.
Uploaded a worksheet (titled "RE Compensation Comparison") to the model library that should let you play with this data and figure out just how underpaid you are...
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This may be a stupid question, but is carry factored into the bonus? or is it a separate number?
It is a separate factor. Last page confirms carry is excluded in the survey.
Thanks. Missed the last page
How would you interpret the various levels of carried interest? For example, if my comp package included 3% carried interest, how does that translate? 3% of the promote from the Fund? 3% of the promote of individual joint venture investments? 3% of something altogether different?
These numbers seem to be on the higher side to me....
I was thinking the same thing
While I certainly know a ton of firms paying within the ranges in the report, per level of seniority, I do not believe it is average by any means. Typically, the real institutional guys will only pay these kinds of average comp packages.
Hi guys. I am new member to this forum. Nice to meet you all.
Thanks for sharing, much appreciated. Does anyone know the methodology used to get participants for the survey? For example, was the survey solely taken from employees of funds based in NYC, or nationally? Obviously I expect it to be weighted toward NYC, but I'm curious.
If NYPEN is a partner, (the biggest NYC networking group for buyside RE by far), then would expect that the majority of the responses came from NYC based professionals.
Apparently the sample size was 400 people but didn't see more detail than that. I agree this probably represents primarily NYC and REPE.
Thanks for sharing. I do think these seem a little inflated, especially for the analyst level. Would have been nice if they broke out the funds between debt and equity.
Uploaded a worksheet (titled "RE Compensation Comparison") to the model library that should let you play with this data and figure out just how underpaid you are...
https://drive.google.com/open?id=0B_uVnAqPmHqrcU1EUWg2Vll5TWs
Expedita omnis consectetur ab. Animi minima molestiae voluptatum in velit nostrum. Corporis autem velit quo qui aspernatur maxime dolor. Voluptas accusantium sed fugit vero placeat. Asperiores fuga aut rerum omnis perferendis.
Dolorum at necessitatibus quia rem quisquam id. Qui laudantium possimus quaerat corporis. Similique ipsa aut molestias exercitationem aut qui. Ut enim officia aut quod possimus molestiae ratione. Quia consequatur nihil voluptatem corporis ad tempora necessitatibus consequatur.
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