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Hi All, I wanted to know how is EXL Hyderabad location. In terms of work life, job security, Pay etc. Currently my negotiations are in progress. They are offering me the Hyderabad location with 20LPA Fixed for 6 YOE. Project is UK Banking Related.
Any inputs are welcome.
Exl Pvt Ltd EXL Service @exlanalytics Exl consulting @inductispvtlimited
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Do PEs offer singing bonus or relocation fee?
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Not crazy at all, that’s actually quite smart. Do it! You have nothing to lose and I think he’ll like the fact that you want to share the risk of the firm’s success.
Got it. Makes a lot of sense. It’ll reduce the tax burden as well. Smart move, OP
This is a great post, creative approach to the bonus question and it shows you wanna think like an owner which is awesome
How would this work? Is there a vesting period? How is carry distributed to you?
It would be like if I invested my bonus directly into the fund I am working for, so essentially I would be an employee and an LP (although probably the smallest LP ever). Some of the VPs have their own money in our funds as well. No vesting period, but I only realize returns when the fund does, so likely will not see any payout for 5-7 years at best. This would be completely separate from deal-by-deal carries interest, which is part of the performance fees that are taken out before fund investors get a return. As it stands though, associates only get carry at “partner discretion”, so I’m unlikely to see carry until VP.
Only if you think the fund will do well...