The 2015 Hedge Fund Compensation report reflects on a time of transition in the hedge fund industry as record performance shifts towards more moderate outcomes amid overall market stagnation.

Although there were smaller bonuses in 2014, nearly one third of hedge fund professionals were expecting large double digit increases in compensation, but only 3 percent expected to see their compensation more than double.

For those earning the most, of course, bonuses were the driving factor again this year. However, these bonuses, as a percentage of overall pay, are down from what we reported last year.

2014 was not as quite as strong as last year in terms of reported hedge fund performance. This year 80 percent of funds were expecting positive performance. At the upper end of performance, a small percentage indicated they were posting gains of more than 25 percent.

Here are some of the highlights from the 2015 report:

• The average base salary only increased by 7 percent, however, the average bonus dropped by 3 percent over last year.
• The annual average cash compensation for hedge fund professionals is $368,000. This is up 12 percent from $330,000 earned the previous year.
• The average hedge fund employee reported their base pay was about $167,000 and their bonuses would be 54 percent of their total cash compensation.
• Hours worked per week moderated this year. Nearly eight out of ten hedge fund professionals work between 40 and 60 hours per week, down about 10 hours from last year on average.
• Despite 68 percent having at least 10 years of total work experience, slightly more than two-thirds have been with their firms for five years or less.

The current report with over 45 detailed charts and graphs sells for $497 at HedgeFundCompensationReport.com A complimentary version is also available to our Premium Members for no additional cost.