What is an acceptable bonus range for a PE sales associate in the NYC metro area?

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What is a PE sales associate

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Is that the same as investors relations?

0-30%. No reason to pay more; promote them instead.

Having someone bad in the role is substantially worse than having no one. So you don’t want to nickel and dime. But at this level they also aren’t directly responsible for capital adds, they are qualifying, wrangling follow ups, scheduling, etc. It’s essentially admin work.

Are you internal or external e.g., placement agent or inhouse IR/Fundraising?

20-30% seems right for internal sales if you don't have a comp plan. Placement agents charge about 1% of new capital raised or $10M fee for every $1B raised. Institutional vs retail will also matter as the later will pay less due to volume / ticket size

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What’s the typical base for IR/fundraising Associate/SA ?

Not sure about NYC but the funds I interviewed at generally range from $95k to $120k for base. I’d assume NYC will be higher than this.

Following up on this post, were you able to get more insight into the base and bonus numbers for this role?

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Hi everyone ,this is a broad career related question:

I am currently working as solution advisor in advisory at Deloitte(recently joined).

I have 2.7years of experience and have a CTC of 10.5 L currently.

It's a widely known that product based companies (like MAANG pays handsomely), for software engineer roles and that is what a lot of CS grads strive for ,this is true for MAANG and also a lot of startups,unicorns and other tech companies.

(Continued in the comments)

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dm me for referrals

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Would you know what salary I should ask for for this position?

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