Just got a verbal offer to join as VP for MM fund for portfolio ops value creation. Whats a reasonable signing/relocation bonus i can ask for? Moving from west coast to east coast and also will be missing out on equity vesting coming up at my current company

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I would phrase it as “I’m giving up a bonus of X this year, I was hoping you could meet me half way and pay 50% of X”

This is what I did and they met me at $20k, which I considered fair and when you meet them halfway (even if you aren’t, say you are) it makes them more likely to give it to you since you’re both operating in good faith

likehelpful

“Say you’re operating in good faith, even if you aren’t”

Can you share roughly your comp + carry, etc?

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Thanks D2, appreciate when people actually contribute, unlike ppl like EYP1 that just always tries to scalp more info for themselves without re-contributing…

It’s unlikely you’ll get carry but I would ask for 25-50 in signing + relocation

helpful

Ask for 50, ask for a floor on your first year bonus

helpful

5 years ago I got $10k to move from Texas to Florida. Sure that rate has gone up since then.

helpful

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