{"id":40125,"date":"2014-01-17T07:37:56","date_gmt":"2014-01-17T12:37:56","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=40125"},"modified":"2014-01-17T07:40:28","modified_gmt":"2014-01-17T12:40:28","slug":"hedge-fund-compensation-up-16-in-2013-bonuses-up-30","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2014\/hedge-fund-compensation-up-16-in-2013-bonuses-up-30.html","title":{"rendered":"Hedge Fund Compensation Up 16% In 2013, Bonuses Up 30%"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/01\/images3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-40126\" alt=\"images\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/01\/images3.jpg\" width=\"219\" height=\"230\" \/><\/a>New York (HedgeCo.Net) &#8211; Hedgies received increases in both base salary and year-end bonuses according to\u00a0Benchmark Compensation&#8217;s 2014 Hedge Fund Compensation Report.<\/p>\n<p>The average cash compensation was up again in 2013 and came in at $330,000. Base salary played a small role in the increase this year, as bonuses drove the double-digit gains.<\/p>\n<p>Average cash compensation was up 16 percent over last year. Base compensation increased only 4 percent; however, bonuses were 30 percent higher due to performance-based bonus structures.<\/p>\n<p>&#8220;As we reported last year, fund performance results in significant bonuses, especially for those closely involved in the investment decisions,&#8221; said David Kochanek, Publisher of HedgeFundCompensationReport.com. &#8220;This wasn&#8217;t always the case but in a post-recession market, pay for performance is now the rule.&#8221;<\/p>\n<p>9 out of 10 respondents reported positive returns for their funds in 2013. Two years ago, only 16 percent reported double-digit positive returns for their fund, that number is now 54 percent. Additionally, this year, 18 percent reported returns of 25 percent or more with only 3 percent reporting losses.<\/p>\n<p>&#8220;For those in decision making roles, this level of performance results in tremendous increases in compensation,&#8221; says Kochanek. &#8220;Thirty-one percent of hedge fund employees expected 15 percent to 100 percent more money while 5 percent expected to see their compensation more than double.&#8221;<\/p>\n<p>The report is based on data collected from hedge fund managers and employees representing hundreds of firms.<\/p>\n<p>Alex Akesson<br \/>\nEditor for\u00a0<a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.Net<\/a>\u00a0is a premier\u00a0<a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\/\">hedge fund database<\/a>\u00a0and community for qualified and accredited investors only. Membership in\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">HedgeCo.net<\/a>\u00a0is FREE and EASY. We also offer FREE LISTINGS for\u00a0<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\/\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; Hedgies received increases in both base salary and year-end bonuses according to\u00a0Benchmark Compensation&#8217;s 2014 Hedge Fund Compensation Report. The average cash compensation was up again in 2013 and came in at $330,000. Base salary played a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16042,3],"tags":[],"class_list":["post-40125","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-performance-2","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=40125"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40125\/revisions"}],"predecessor-version":[{"id":40129,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/40125\/revisions\/40129"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=40125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=40125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=40125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}