While lists of the top paid managers show compensation in the hundreds of millions or even billions, that is not reality for 99 percent of the industry
San Diego, CA (Vocus) October 26, 2010
For the fourth straight year, the publishers of Hedge Fund Jobs Digest are conducting an industry-leading compensation survey to uncover the trends in hedge fund pay practices.
The Hedge Fund Compensation Survey is designed to collect data directly from those in the industry and create a reliable and affordable compensation benchmark tool for both individuals and firms looking to set compensation policies.
The online survey can be completed in about five minutes and eligible participants who complete the survey receive the final Hedge Fund Compensation Report (a $297 value) free of charge.
"While lists of the top paid managers show compensation in the hundreds of millions or even billions, that is not reality for 99 percent of the industry," says David Kochanek, publisher of the Hedge Fund Compensation Report. "Although the names Tepper, Paulson and Soros are well known, their pay packages are anything but typical."
"Having analyzed data from thousands of hedge fund professionals over the years, we have developed a solid set of compensation benchmarks. Yet, given the market ups and downs, every year we learn something new," adds Kochanek.
The survey goes beyond just base pay levels. It asks about benefits, work environment, bonuses, firm performance, firm size, and job satisfaction and security. It provides both firm managers and employees reliable pay benchmarks to evaluate their own situation.
"As regulated banks face increasing scrutiny on compensation, it gives talented investment professionals the opportunity to move to hedge funds where there is a more attractive upside,” Kochanek said.
Firms ready to hire can take advantage of this window if they understand industry wide pay practices. "Done right, even the smallest firms can win the talent war."
Industry insiders can participate in the survey at http://www.hfcompsurvey.com and secure access to the $297.00 Hedge Fund Compensation Report free of charge when results are published.
About The Survey
The Hedge Fund Compensation Survey is currently open to participants in the hedge fund industry. Data is collected directly from hedge fund managers and employees from firms, both large and small. Some of the firms participating in past surveys include: Citi, Black River Asset Management, Deutsche Bank, Gartmore Investment, Gottex, Green Arrow Capital Management and UBS.
The annual survey is conducted by Job Search Digest, publishers of Hedge Fund Jobs Digest, a web-based career service catering to hedge fund professionals worldwide.
For more information contact
David Kochanek, Publisher
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