2024 Compensation Outlook
Key takeaways from the full report:
Based on Willow Hill’s proprietary survey of 95 distribution leaders ranging in responsibility levels from those managing small teams to Global Heads of Distribution to COOs.
With capital formation so challenging that many 20+ year vets describe 2024 as the hardest year of their careers, why the optimism on compensation, particularly for fundraising professionals?
Possible contributors:
Looking ahead to 2025, will the fundraising function be able to sustain such strong compensation levels?
Factors to keep an eye on:
*More to come on hiring in a separate post.
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The 2024 Compensation and 2025 Hiring Trends Forecast is based on Willow Hill’s proprietary survey of 95 distribution leaders. ?
The resulting 25-page report compares compensation and hiring forecasts among different distribution roles and firm types.
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While largely quantitative, the report also captures my qualitative “in the trenches” view.
Please find the full report here:
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About Willow Hill Advisors
Laurie Thompson founded Willow Hill in September 2019. A seasoned executive recruiter, Laurie most recently spent 16 years in the financial services practice of Heidrick & Struggles where she served the investment management community as a thought leader and specialist in business development and investor relations recruiting. She continues this work today, predominantly focused on senior level hires for top-tier alternative investment managers.
Willow Hill is exclusively a retained firm and executes only a select number of mandates at a time, ensuring hiring firms receive the highest level of focus and attention. Through deep market knowledge, long term relationships and established trust, Willow Hill provides unconstrained access to top caliber talent.
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?Author’s note:
?Additional AMAs and reports can be found here: Ask Me Anything Series - Laurie Thompson
?From vetting talent, taking on a leadership role, differentiating your marketing efforts, dealing with headhunters, orchestrating a graceful exit, considering a counteroffer, mending professional relationships and headhunter-proofing your team, I've got you covered.
?As always, feedback, questions and topic suggestions are welcome and appreciated.
?Special thanks to contributors for so generously offering your time, insights and reflections.
~ Laurie
Executive Coach and CEO for Epic Leadership. Author: Permission To Glow— A Spiritual Guide to Epic Leadership | Board of Directors @Yoga Alliance
2 个月Another Banger of a Year in the Life. Awesome work as always Laurie Thompson