If you’ve been scrolling LinkedIn and you’re in the private capital market, chances are you’ve seen firms hiring for a Chief of Staff (CoS). Since we added the title into the Thelander-PitchBook Investment Firm Compensation Survey in 2023, not only have we seen the number of respondents surge, but the compensation too.
At what point do venture capital firms hire a CoS? Thelander data shows that these roles become prevalent after the $500 million AUM mark is passed.
Firms with $500 – $999M in AUM are paying $140,000 (median) to $250,000 (maximum) in total cash with no carry included in their comp package. When you cross the $2 billion mark, the median rises to what used to be the maximum ($250K), and the new maximum climbs to $571,600, still with no carry.
Whether you’re a chief of staff looking to see how competitive your current compensation is, or a firm looking to hire this role, fill out the survey today. There’s no cost to participate and you’ll unlock real-time cash (and carry!) data for all the job titles you complete.