Private Equity Salaries Associate 2006

I thought maybe i should post this since members are always wondering about salaries and trying to compare them with previous years. I got this from Banker ball:

We’ve got our grubby hands on a survey with 1st, 2nd and 3rd year base + bonus comp numbers for private equity associates. And we’re going to share some of it with you.

While there are figures for ~ 50 companies (8 are UK), we’re not going to just upload the spreadsheet because a) we have no idea if they are really accurate, and b) we’re afraid of getting sued or something.

Before you try to trip us up, here are some disclaimers: any figures in GBP were converted to USD. Discrepancies between total and base + bonus are due to rounding.

Yeehaw, here we go: averages/medians.

Base / bonus / total

  • 1st year associate: (based on 48 data points)
    Average — $86k / $87k / $172
    Median — $80k / $80k / $160k

  • 2nd year associate: (based on 15 data points)
    Average — $95k / $111k / $206k
    Median — $85k / $105k / $210k

    • 3rd year associate: (based on 4 data points)
      Average — $98k / $159k / $256k
      Median — $98k / $160k / $263k
 

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Simple Life.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (90) $280
  • 2nd Year Associate (205) $268
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
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