Private Equity Salaries Associate 2006

I thought maybe i should post this since members are always wondering about salaries and trying to compare them with previous years. I got this from Banker ball:

We’ve got our grubby hands on a survey with 1st, 2nd and 3rd year base + bonus comp numbers for private equity associates. And we’re going to share some of it with you.

While there are figures for ~ 50 companies (8 are UK), we’re not going to just upload the spreadsheet because a) we have no idea if they are really accurate, and b) we’re afraid of getting sued or something.

Before you try to trip us up, here are some disclaimers: any figures in GBP were converted to USD. Discrepancies between total and base + bonus are due to rounding.

Yeehaw, here we go: averages/medians.

Base / bonus / total

• 1st year associate: (based on 48 data points)
  Average — $86k / $87k / $172
  Median — $80k / $80k / $160k

• 2nd year associate: (based on 15 data points)
  Average — $95k / $111k / $206k
  Median — $85k / $105k / $210k

  • 3rd year associate: (based on 4 data points)
    Average — $98k / $159k / $256k
    Median — $98k / $160k / $263k