What Do People Say About Their Comp Package?

From the Hedge Fund Search Digest 2007 Hedge Fund Compensation Survey:

The following comments represent individual responses to the question: “Are you happy with your overall compensation? If not, what areas are you unhappy with?”

“Certain roles should have fixed bonus’ prior to considerations of fund performance.” (CFO)

“We are a new firm, so base and bonus are lower than industry average in anticipation of being part of future growth and an equity stake.” (Analyst)

“Not happy at all, looking elsewhere, PM is very stingy!” (Trader)

“…capped performance based incentive.” (Trader)

“I want a percentage of the performance fees earned that is based on a market related
formula, providing a direct incentive between pay and performance.” (Portfolio Manager)

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