Currently a 1st Year PE Associate with total comp of $200k ($100k base, $100k bonus). What are the community’s thoughts on a good figure or range in mind for negotiating a 2nd year salary + bonus? Background, I work at a LMM generalist fund in San Francisco. Any thoughts or comments are appreciated!

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I'd aim for a 40-50% increase overall.

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I would definitely go for the higher end

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250-300

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Thought I would add - fund is on the smaller side, ~$500MM AUM

How many hours are you working?

Depends if we’re in diligence for a new deal or not (post term sheet) - on the more extreme end, ~80-90 (12 hours or more 7 days a week). More common to have ~60-70 (12 hours or less 5 days a week, usually some minor work on Sundays).

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