Perks in PE?

Based on the most helpful WSO content, perks in Private Equity (PE) can vary significantly from firm to firm, but they tend to be quite generous, especially at upper-middle-market (UMM) and larger funds. Here are some common perks you might expect:

1. Food Stipends: Similar to investment banking, many PE firms offer meal stipends. This could be in the form of a daily allowance or catered meals, especially when working late.

2. Transportation: Free car services, such as Uber or a company-provided car service, are common if you're working late. This ensures safety and convenience for employees staying past standard hours.

3. Gym Memberships or Wellness Stipends: Many firms offer a stipend for gym memberships or broader wellness activities, which could include things like massages or fitness classes.

4. Health Insurance: Top-notch health insurance often comes standard, with comprehensive coverage including health, dental, and vision plans.

5. Work from Home Flexibility: While this can vary, some PE firms offer flexible work-from-home policies, allowing you to work remotely a few days a week.

6. First-Class Travel: For business travel, it's not uncommon for higher-level employees to travel first class or even use a company jet for trips.

7. Educational and Professional Development: Some firms may cover expenses related to professional development, such as certifications, advanced degrees, or relevant courses.

8. Social Outings and Team Building: Regular team outings, dinners, and social events can also be part of the culture, fostering team cohesion and networking.

Each firm has its unique culture and perks package, so it's a good idea to inquire during your onboarding or HR briefing to get a clear picture of the specific benefits your firm offers.

Sources: 2023: What are your buy-side perks?, Best Perks & Benefits?, Bulge bracket analyst perks, What Perks Do You Guys Get in your IBD Jobs?, Bulge bracket analyst perks