Compensation Watch '16: Worst Paid UK Hedge Fund Employees...Are Still Doing Pretty Well
To be fair, when you compare the average salary to numbers like $1.7 billion, $1.4 billion, and $1.115 billion, it does feel a bit stingy, but we have faith the hedge fund worker-bees across the pond will survive.
The most lowly worker in Britain's hedge fund sector can still earn over £90,000 ($129,729) a year, according to new data released by salary benchmarking site Emolument. That's over three times the average UK salary. Emolument compiled data from more than 2,200 people in the fund management industry and found that people working as entry-level associates at a British hedge funds earn on average £94,750 per year.
The worst paid hedge fund workers in Britain still earn over £90,000 a year [BI]