Over the passing years there has been an ever-growing demand for investment professionals. As the demand increased there is a drastic increase in the amount of salary and bonuses these professionals have received each year since 2014. There are some known factors of why compensation for investment professionals have increase, such as the fact that there is a high demand for investment professionals. Correlating with each other since 2014 there is a need for investment professionals and since 2014 it’s been noted continuously that pay for investment professionals increased yearly. This trend of increase in salary and bonuses was accurately predicted by GoBuyside prior to the increases in salary and bonus. This prediction was based on the reported actions of investment professionals and noticeable business practices of investment companies. Follow GoBuyside on Instagram.
Due to the high demand for investment professionals they are frequently resigning from small investment companies for employment at larger companies. One of the draws for investment professionals in joining a bigger agency is that those that work in a larger agency initially earn more than those of a smaller agency with the same level of experience. Being that there is a high demand for investment professionals there are always opportunities to seek employment at a bigger agency that can afford to pay higher salary.
— GoBuyside (@gobuyside) April 30, 2018
In the face that there is a high demand for investment professionals, larger agencies are capable of paying the amount needed to keep the workers they have, especially if they are high earners for the company. It can be a struggle for investment companies to keep star up and comers that could bring good business to any investment companies because there is always a bigger agency to work for, which investment professionals are constantly looking for. For this very reason investment companies need to stay a step ahead of their employees by providing them with what they want and/or need instead risking the loss of a star earner to another company. Therefore, the pay has been increasing over the past four years to keep employed investment professionals happy as well as increasing bonus amounts to make sure that investment companies keep the employees they have. Read this article at Yahoo Finance.