Have you ever wondered how much early-career-stage hedge fund professionals really make in the U.S.? Well, that depends very much on the type of firm you work for. You may not have realized how wide the variance really is.
For modelers and researchers in their first year on the job at a hedge fund, but who likely have a couple of years of investment banking experience and perhaps an advanced degree, their base salary can range from $80k or so at a small bottom-performing fund to $250k or more at a large top-performing fund. Their bonus can range from around $50k at a small bottom-performing fund to around $400k at a large top-performing fund, according to the 2017 Glocap Hedge Fund Compensation Report.
Total cash compensation ranges from about $125k at a small bottom-performing fund to $609k at a large top-performing fund, according to Glocap. As a general rule, large hedge funds pay more.
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