From the monthly archives:

October 2007

In 2007, Job Search Search Digest conducted a survey of Private Equity and Venture Capital professionals who were involved with venture capital or private equity investment firms. There were a total of 387 respondents from various parts of the world. We had participation from firms both large and small such as: Credit Suisse, Labrador Ventures, Intel Capital, Mayfield, New Enterprise Associates, and SoftBank Capital.

The survey addresses issues such as the compensation earned by professionals and their work satisfaction. The survey also aims to understand how these professionals perceive their work and what they expect from their employers.

Our members could access our Compensation Comparison tool – giving them the opportunity to analyze the earnings data in an ad hoc manner. Here we summarize the results of the survey to include some of the earnings data and much more. Some notable findings include:

  • The annual average compensation for professionals in the industry is $224,000 with an average 3.5 weeks of vacation benefit.
  • Nearly ½ of respondents bring at least 10 years of work experience to the table and only 5 years of private equity or venture capital experience.
  • Despite solid compensation packages and an optimistic view of future pay increases, there is overwhelming dissatisfaction among most of these professionals.
  • Although common in the industry, an MBA doesn’t guarantee better compensation.
  • The difference between the UK and US in terms of compensation and overall work and personal life balance is negligible.
  • At the lower levels, there is very little difference in cash compensation between the US East and West coasts and even the Central states. The differences become significant in the higher level positions.

This helps PE and VC job seekers better manage their career and fund managers to differentiate the benefits of working for their particular firm.

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Making a change in your private equity career? Our service makes the process much more effective. Every day our team scours all the online job boards (including both the big ones and the small niche sites) and puts only the best private equity job postings in a single database for you. We also provide access to exclusive opportunities posted directly by fund managers and niche recruiters. We then send you this information daily enabling you to keep your finger on the pulse of the industry. We have hundreds of private equity jobs carefully edited and organized by category and provide our members with profiles of the top private equity recruiters. Once you identify your next career move, our exclusive salary and bonus pay research helps you negotiate the right compensation package.

5 Ways Private Equity Search Digest Makes Your Job Search Easier

  1. We monitor every niche source of private equity job listings online.

  2. Our expert editors screen all jobs for relevance and place the best jobs in our database.

  3. The Compensation Comparison tool provides you with specific salary data to evaluate your options.

  4. Our Recruiter Rolodex includes over 130 private equity recruiters from around the world.

  5. We provide career management resources including links to: the top private equity blogs, research, industry indices, and associations.

In short, we connect you to all of the best private equity jobs, recruiters, and career resources to make your job search easier and more effective. Subscribe now to jump-start your private equity job search, find better career
opportunities and get a competitive edge in the market.

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