GoBuyside is one of the nation’s leading talent recruiting platform for investment professionals worldwide. The New York-based firm recently provided an in-depth look into what important factors are recently influencing compensation growth in the private equity sector. Since 2014, bonuses and base salaries for private equity professionals and venture capitalist have substantially increased to an average of 6 to 8 percent per fiscal year. Industry professionals are generating an average of $315,000 in cash compensation alone and those that work for larger firms are consistently earning more than their peers that work in smaller firms. Read this article at Yahoo Finance.
The increase in awards had nothing to do with the specific private equity firm’s overall performance. For instance, firms that had up to a 9 percent drop in their performance had seen an average bonus of $161,000 this year, as opposed to last year’s bonus that averaged roughly $149,000. GoBuyside notes that private equity firms that rake in over $1 billion funds under management have opted for the fund performance metric for calculating their bonuses more than any other type of method. This has caused many high and low ranking industry professionals to seek larger private equity firms for employment and leaving smaller firms behind to scramble to find new investment talent. Read more about GoBuyside at inspirery.com.
GoBuyside Highlights the Rising Importance of Technology in Talent Recruitment and Selection https://t.co/iDAwY7PfSO
— GoBuyside (@gobuyside) April 6, 2018
GoBuyside is a privately held firm headquartered in New York City and was established in 2010. Mr. Arjun Kapur serves as the founder and managing partner of GoBuyside. He has years of talent experience and has successfully completed hundreds of diverse commitments in more than forty cities across the U.S. as well as ten complex engagements overseas. Mr. Kapur had graduated Phi Beta Kappa from Johns Hopkins University with a degree in Economics. He attended Stanford University Graduate School of Business and earned his M.B.A. degree. He launched GoBuyside after an idea to promote a tech-based recruitment platform that could disrupt the traditional form of hiring within the investment management industry.