Quick question for those in the industry:
What should an Associate (first year) at a lower middle market PE shop be paid? He thinks he's underpaid and I'm not so sure. By way of background, the fund he's at is ~200 - ~300 million in size. He makes either 85 or 90K in salary, with bonus being some % of that. I thought it sounded about right for the fund size, but I can't be sure.
Anyone that chimes in with good info is in line for a silver banana.