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Stock impact report

A top private equity recruiter explains why there's a 'perfect storm' for hiring right now [The Business Insider]

Heidrick & Struggles International, Inc. (HSII) 
Last heidrick & struggles international, inc. earnings: 4/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: heidrick.com
A top private equity recruiter explains why there's a 'perfect storm' for hiring right now AP Photo/Lance Murphey Compensation is surging at private-equity firms, especially for junior-level employees, thanks to a "perfect storm" in the industry that's fueling competition for talent, according to top Wall Street headhunting firm Heidrick & Struggles. The firm recently released its "2017 North American Private Equity Investment Professional Compensation Survey," compiling compensation data from more than 600 private-equity professionals. Fifty-four percent of respondents reported their base salary increasing from 2016 to 2017, consistent with last year's survey figures. Associates and senior associates saw the largest increase, with salaries growing 14% to $125,000, followed by vice presidents with a 13% increase to $198,000, according to the survey. "That's a reflection of the fact that fundraising has been so strong. There's so much capital pouring into private equity right now, Show less Read more
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