When looking at the differences between the US and UK, the results of the survey revealed some interesting facts. Unlike our findings in the hedge fund industry, where employees in the UK earn higher compensation, the players in the private equity and venture capital industries in the US and UK are earning similar total compensations.

The base salaries of professionals in the UK are 6 percent more than their US counterparts; the bonus package in the US, however, makes up for the 6 percent difference. The compensation gap widens when considering the cost of living as it currently costs 25 percent more to live in London than in NYC. Another interesting fact to note is that the vacation benefit in the UK is greater by 1 ½ weeks.

Professionals, both in the US and UK, claimed that they are able to strike a good balance between their personal and professional lives. More than 53 percent of the respondents from these two countries claimed that they are doing a better than average job of balancing their lives.
About 20 percent in each claimed that their work/life balance was excellent. None of the respondents in the UK claimed that they were poorly balancing their work/life balance and only 3 percent in the US were doing a poor job of striking a balance their lives.
back to 2007 Private Equity and VC Compensation Report