- Already A Member? (Sign In)
The majority of those in private equity and VC reported working 50-70 hours more per week, about 10 hours more per week than those in the hedge fund industry.
Perhaps most interesting finding in private equity work environment is a direct correlation between hours worked and total compensation earned. Those putting in 70 hours per week earn over $375,000 and that number climbs over $400,000 for those putting in 80 hours per week. More time in the office really does pay off, that is up to 90 hours per week.
We believe this high level of hours is a result of firm’s work culture and it is working for those firms. Among respondents working more than 70 hours per week, a full third reported their fund was up 25 percent or more, whereas for those working less, only 13 percent reported that level of fund performance.
When it comes to vacation earned, the numbers are pretty generous. 75% earned 3 weeks or more, although on average they took just over 2.5 weeks off.
back to 2008 Private Equity and VC Compensation Report
