Compensation PE Netherlands/BENELUX?

Benelux pays much less than London and Frankfurt, which is one of the reasons you generally see top-tier locals moving to London for their first IB and PE gigs and often only return at senior levels once they want to settle down (or can get part of the equity/carry). The market is very local (very few internationals except for the Dutch IBs that have offices globally) and small (especially on the buy side), so supply/demand dynamics are not very supportive of high salaries. Having said that, I see firms struggling to find talent, so maybe you'll see this adjusting slowly. 

Before large IBs/PEs bumped base salaries this year (with my Assoc1 mates in London/FFM taking home 100k+ base), junior base was comparable. However, comp is structured differently, with bonuses generally much lower (I've even heard of one of the PE shops paying no bonuses at all but high base). I hear some shops give juniors carry though, which I've only heard a handful of shops do in London.

There are a few exceptions to this with some banks paying their guys on the ground the same as in their global hubs and global PE shops doing the same. 

Staying somewhat vague on purpose as the market is tiny. Note all of the above is for junior levels.