I am wondering if anyone knows how much headhunters receive when they place analysts at private equity firms & hedge funds?
Do they take a fixed percentage of the analyst's future salary? And if they do, how much is typical? Or do they just crank through analysts, and make like $10k per analyst, regardless of the position?
| +186 | Ideal College/Recruiting Timeline | 38 | 3d | |
| +136 | Military Officer vs. IB analyst | 47 | 12h | |
| +75 | Lied on CV? | 60 | 13h | |
| +34 | Recruiting in the Fall | 8 | 54m | |
| +28 | Is there a point to networking if you have (nepo)? | 8 | 9h | |
| Got fired after 1.5 years as an Analyst, want to stay in Banking but I am confused | 10 | 2d | ||
| +24 | Recruiting is messed up and I'm not doing this.... | 19 | 7h | |
| +23 | Are Single Managers Just Not Hiring? | 10 | 5d | |
| +23 | How do I go about explaining huge gaps in a CV for Spring & Summers? | 11 | 2d | |
| +21 | IB > PE, except burned out. What now? | 8 | 22h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Typically it's about 30% of the first-year salary.
.
Agree with the above post lulz
30% sounds pretty high - I've heard more around 10-15% of first year salary dependent upon 3 months of satisfactory performance.
What I was told is that it used to be about 30%, but with the crisis it went down to 10-20%.
This may be a ridiculous question, but analysts don't pay to use headhunters right?
No, you never pay, it's the company that pays. If a recruiter asks you to pay, its a scam (nearly always).
It completely depends on the type of recruiting firm and the hiring firm. If the recruiter was hired on a contingent basis (paid if their candidate gets placed), bulge bracket banks typically pay approximately 20% of first year total comp while a growing boutique could pay closer to 15% of first year total comp because the recruiting firm is hoping to build a longer term relationship. Retained searches usually have lower fees associated with them (fixed engagement fee and then 15% of total comp, for example) because the firm is getting paid whether or not they actually place a candidate. Keep in mind, most of these fees are contingent on the hire doing well in 3, 6, and 9 months after the placement.
There are a few contingent search firms that will work for as low as 10% of first year total comp but they typically have very low candidate and client contact and really just churning resumes and trying to make as many placements as possible with less regard to the culture of the firm and the right fit for the candidate.
Thanks for the above posts. What are some of the names of the common headhunters for junior positions?
Maxime mollitia maiores nulla provident. Possimus tempore ipsum omnis. Sit et et et non magnam. Quod ratione quo modi incidunt quia aut impedit.
Soluta debitis voluptatum minus similique adipisci. Omnis sit facere voluptates explicabo culpa consequuntur. Eaque nisi repellat quisquam error perferendis.
Aliquid est dolores doloribus id deleniti. Omnis expedita minima et perferendis est. Rem nulla laboriosam quas ut. Dolorem facere accusantium vel. Cumque eveniet qui ipsam distinctio placeat eligendi. Cum nesciunt ex aliquam et. Expedita dicta deserunt quia error consequatur in unde.
Et reiciendis eaque aut aut itaque non. Repudiandae nobis aut aliquam inventore.
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...