The Korn Ferry Compensation Survey of Institutional Sales: Asset Management

Regulatory requirements and political pressures have altered the compensation environment, with deferred compensation now a primary component of pay packages. This makes hiring senior talent very costly, as the best candidates want to recoup the unvested deferred pay they leave behind when changing companies. Asset managers must leverage other aspects of their firm to attract talent, hire intelligently to minimize the expensive risk of each new hire, and put more focus on development and retention.
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