It was another year of rapid change in the PE hiring market, as the percent of female hiring dropped, on-cycle recruiting fell out of fashion, and firms brought aboard experts in artificial intelligence. Below we take a closer look at seven of the biggest hiring trends spreading across the market.
Tag: Soul Equity Solutions
Is compensation fair? PE execs across all levels wonder
When it comes to compensation, most PE professionals think they earn less than they should.
And that's even after many saw substantial increases in salary and bonus compensation over the previous year.
Soul Equity Solutions to its search clients: try mid-cycle recruiting
While big PE firms engage in the rush of recruiting junior professionals two years in advance of hiring them, a process called on-cycle recruiting, middle-market firms often refrain from that tradition.
“They can’t see that far ahead to know where they will be in their fund lifecycle, to know whether the timing works for them, to be able to extend an offer 18 months to 24 months in advance,” executive search recruiter Lori Gleeman told Private Equity Career News. Instead, many mid-market firms tend to hire when and as needed.