VC Compensation Plans Not Extravagant
Next year is shaping up as a reasonably subdued one for VC professionals when it comes to salary and bonus—at least, judging from a small survey we conducted this summer. Just one in five (21 percent) participants in our survey anticipates that salaries for partners/managing directors will go up in 2011. Three-quarters (76 percent) say they’ll stay the same, and 3 percent say they’ll go down. For those saying they’ll go up, the average expected increase is 8 percent, and the median is also 8 percent. Similar story for bonuses (for those firms with bonus programs): about one in five (22 percent) anticipates bonuses going up for partners/managing directors at their firms, three quarters (74 percent) say they’ll remain the same, and 4 percent expect a drop. Those saying they’ll go up expect an average boost of 12 percent, and a median boost of 6 percent.
