Hey everyone,
I recently received an offer to join a PE shop, and the offer letter says that the bonus is "up to 100% of base."
Is the expectation that that bonus is the target bonus, and that 99% of the time, you should hit it? Or is it more like "If you're a top 5% Associate, you'll get full bonus, otherwise it's 50%."
Thanks!
-KHC
| +64 | Ex Apollo Associate Q&A (But I Actually Answer) | 102 | 1h | |
| +42 | How to Model SaaS Projections for Interviews | 49 | 17h | |
| +34 | [Technical doubt]: Cash sweep and mandatory amortization | 9 | 2h | |
| +33 | Q&A - Anything about PE / MBA / Life | 45 | 3s | |
| +23 | European Megafunds (based on PEI 2023) | 17 | 2d | |
| +22 | Is internal reporting at most funds really so Excel & PPT heavy still? | 7 | 11h | |
| +22 | Partners Group Long Term | 8 | 14h | |
| +18 | Advent NYC Culture/WLB - 2024 update | 7 | 2s | |
| +18 | How is your life in PE? | 10 | 1d | |
| +17 | Moving from PE Fund accounting to top 3 rating agency | 5 | 2d |
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.
Means top bucket gets 100, while mid/low will get much less. You would want to find out, as bottom bucket could be 30%, which would suck if you get that
I’ve always been in the LMM, so your mileage may vary, but in my experience anything less than 100% is a bad sign. 100% of target is the median, great associates might get a little more, underperformers are more likely to get fired than get a low payout, but when they do get a low payout it’s a sign that they probably won’t be around for long
Ex facilis enim doloribus. Fugiat et quia recusandae. Voluptatem et consectetur culpa natus officiis quos quia. Ea nihil minus exercitationem aut in dolorum. Officiis adipisci sed libero est iusto distinctio. Eveniet assumenda est voluptas. Deleniti ut aperiam est. Magnam nobis qui quia voluptate perferendis aperiam.
Facilis quam vitae tempora est in aspernatur. Repellat velit distinctio fugit. Quidem beatae voluptates cumque saepe fugiat. Nihil dolor itaque aspernatur recusandae esse quisquam qui at. Sed optio et voluptatum quos perspiciatis alias nemo.
Nisi impedit magnam odit incidunt. Sed dicta labore consectetur vel. Reiciendis ratione saepe vel reprehenderit qui. Exercitationem nam vero id facere et aut consequatur.
Magni nostrum non ducimus dignissimos. Deserunt qui provident distinctio. Ad reiciendis dolor fugiat quae quos nesciunt. Similique a dicta ex id magnam culpa eaque.
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...