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I have 2 offers from siemens and tcs .Siemens pays 2 L bonus as extra but ctc part both are same.Which one to prefer as the Location for siemens in blore and tcs can be chennai.Im currently at chennai.
If i accept offer from tcs and not joined there then i can get into tcs in future because of rehire policies .I still have 40 more days to LWD.
I am thinking to reject tcs and wait for some other better offer pay or last choice to join in siemens .Please share your view Im consufed here
Any Navy Nukes in this bowl?
Additional Posts in Private Equity and the Buy Side
Do hours get better at the top in PE?
What does comp look like for PE ops associates?
European folks, what INSEAD reputation in PE ?
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Is there a reason for the huge weighting towards bonus as a % of comp in the buy side? I would assume it is because if the fund underperforms then it doesn’t have to pay the bonus— but I also thought that these bonuses were pretty much expected? Do they vary by individual performance?
No one works in finance for the salary. Salary doesn’t get you anywhere besides provide cash flow for minimum expenses throughout the year. My 165 bonus is a guarantee. The carry is how the fund does
Tangent: but is it good to bank on carry? I hear from some PE counterparts that carry can be next to nothing if you get fired / pushed out which many VPs do (at least to my knowledge)
Yep. 100m of management fees lol
$110k base, expected ~$250k bonus, 3 yoe. Restructuring advisory, boutique shop. Not buy side but figured I’d toss a data point in
Yea @MC1, similar comp structure to them
IB associate (2 as an analyst, 0.5 as an associate) 125k base 80k bonus
Coach
First year IB associate. 150 base ~150 bonus
HF, 3.5y experience, 125k base expecting 200-225k bonus to bring total comp to ~320-350k area
Distressed HF. 5 total yoe, $150 base, $275 bonus ($425 all in)
1st year PE associate, 2.5 YOE, 120k base, 60k bonus, ~50bps of carry for 2bn+ fund
Mentor
So you are not part of the 2 year Associate program but rather in it for a partner track role then?
Biotech VC, 3.5 yoe, $205K base + 35% bonus, no carry
Mentor
Mostly history and traditional I think. While pretty much guaranteed, think it can be used as a retention method too
Mentor
What type of fund are you at?
UMM NYC based
MM infra PE, 3 yoe, 2 years at the firm, 130k base, 100k bonus.
Sure thing, feel free to DM. Note: I’ve adjusted my title but I’m the one who posted above.
1st year associate at lower MM PE fund in low COL geography 2.5 YOE. Base $110k bonus $60k with 10bps of carry on a $500M fund
3.0x is looking conservative for us right now, thanks for the input
Intern/rotational associate. $100k annualized, discretionary bonus. First year out of grad school, five years in IM sales/biz dev before that.