US SALARY SURVEY RESULTS 2022

In the last quarter of 2021, Raw Selection sent out a salary survey to our US based candidates.

We were focusing on the following job titles: Associate, Senior Associate, Vice President / Investment Manager, Principal / Investment Director, and Partner.

The majority of participants were Vice President / Investment Manager, at 28%. The second highest number of participants were Partner, at 22% of survey participants.

One of the first questions asked in the survey was about the number of employees in the participants organization.

32% of the participants worked in an organization with between 21-50 employees, and 24% of survey participants worked in an organization with between 51-100 employees.

The less popular categories included organizations with below 10 employees, at 8%.

Out of all the participants, 95% were male, and 5% were female.

We also asked participants about their current basic salaries.

The most popular answer for salary was $150,001 to $200,000, in which 30% of participants are currently on this salary.

The second most popular salary was $125,001 to $150,000, in which 17% of participants are currently earning this salary.

The third most popular was $200,001 to $250,000, in which 13% of participants are currently earning this salary.

Only 0.7% of participants are currently earning $350,001 to $400,000, 1.5% are earning $80,001 to $100,000, and 4.5% are earning $300,001 to $450,000.

The most popular salary for Partners was $500,001+, at 30% of participants selecting this answer.

For Vice President / Investment Managers, the most popular salary was $150,001 to $200,000, in which 55% are earning this in their current role.

$150,001 to $200,000 was the most popular salary for Principal / Investment Director, in which 33% of participants picked this salary.

For Senior Associates, $125,001 to $150,000 was the most popular salary, with 50% earning this salary currently.

In the private equity industry, bonuses make up a huge part of pay per year.

28% of participants earn a 101%+ bonus, which was the most popular bonus as a percentage of salary.

The second most popular answer was a 100% bonus, in which 18% of participants are earning this.

10% of participants are getting less than 24% bonus, and 10% are getting between 25% to 49% bonus as a percentage of their salary.

Our final question in the survey was about carry as part of compensation.

A huge 70% of participants get carry as a part of their compensation, with 30% not getting this.

Overall, Raw Selection’s 2022 salary survey for private equity professionals in the US has proved effective in informing employees about what they should expect as a salary, bonus, and compensation in their role.

About Raw Selection:?Raw Selection favours a meticulous approach to candidate research. Our process for selecting the right candidate means we can boast a 100% success rate for all our retained clients, with 96% of placed candidates still in their role after 12 months.

If your Private Equity firm is looking to hire, or if you are looking for a new role within the PE sector, please get in contact with Alex, at?[email protected]

Want to get the latest updates from across the Private Equity industry all in one place?

Delivered to your inbox every 2 weeks.

Sign up here: https://eepurl.com/hJ3a3j