Private Credit Paychecks Jump as Asset-Based Lending Expands
- Average pay for external moves up 21% in 2024: RCQ Associates
- Competition for experience heats up in New York and London
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Compensation packages in structured finance and private credit are surging as competition for people heats up in New York and London.
Average pay increases for external moves picked up to 21% in 2024, according to data compiled by credit industry recruitment firm RCQ Associates. Employees who stayed in their roles saw overall compensation rise 16% in the US, reflecting improved bonuses.