The study by hedge fund industry job search site Job Search Digest found that production-based bonuses form a key component of hedge fund workers’ compensation package – ranging from 38% of base salary to more than 400% for the most prolific producers, according to a news release.
Job Search Digest also found a significant amount of job hopping in the hedge fund industry, the announcement said. Though 50% of survey respondents had more than 10 years of professional experience, more than 60% of respondents reported being with their current firm for two years or less.
“With the very top hedge fund managers earning hundreds of millions of dollars, even those making a million a year wonder what they could be making if they jump to another firm,” David Kochanek, president, Job Search Digest, said in the news release.
The 2007 Hedge Fund Search Digest Compensation Survey captured information from more than 200 hedge funds firms.
More information is at http://www.JobSearchDigest.com .