All times are ET. Let us know. Neither the private equity firm, book publisher nor speaking agency disclosed details of Geithner's pay. under which this service is provided to you. Glassdoor raised $50 million last December. About Warburg Pincus Warburg Pincus is a leading global private equity firm with nearly $60 billion in assets under management (AUM). Due to differences in work and the compensation mechanics, PE firms pay analysts around 30% less in salaries than investment banks. Warburg Pincus, a leading global private equity firm focused on growth investing, today announced the appointment of Timothy F. Geithner as President and Managing Director. Salaries at Warburg Pincus depend on the group, division, department or function. 17:53:57 geplaatst. Before joining Warburg Pincus, Timothy served as the 75th Secretary of the U.S. Department of the Treasury from 2009 to 2013. Peter Deming is the Managing Director & Partner at Warburg Pincus LLC. There is a significant gap between what Warburg Pincus pays the bottom 10 percent of earners and the top 10 percent of earners. You can get the exact average and median by hovering over any bar. 3 Warburg Pincus reviews. Warburg Pincus. Workers in the human resources department can earn an average of $128,352 per year. 403. This button displays the currently selected search type. This role is also eligible for a discretionary annual performance-based bonus. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). Based on our research, similar companies to Warburg Pincus are Centerbridge Partners, General Atlantic, and KKR & Co. L.P. Employees at Centerbridge Partners earn more than most of the competition, with an average yearly salary of $117,503. He is a member of the Group of Thirty. Warburg Pincus pays an average salary of $160,000 per year. Search By Employer Name , City , PostalCode or Job Title. Warburg Pincus, LLC employees earn $77,000 annually on average, or $37 per hour, which is 15% higher than the national salary average of $66,000 per year. The firm has more than $37 billion in assets under management. Warburg Pincus pays the highest-paid employees over $420,000 a year, while the lowest-paid employees are paid less than $280,000. CB Rank (Investor) 139,579. 2022 Warburg Pincus LLC. Thanks! Primary Organization. For example, employees in the Generalist sector earn an average yearly salary of $320,000, while employees in the Private Equity sector earn an average yearly salary of $320,000. Base range: $80,000 - $280,000. About Warburg Pincus Warburg Pincus LLC is a leading global private equity firm focused on growth investing. 1K followers 500+ connections. I thought my 5 year was going to finally show something but it did not. The firms active portfolio of more than 260 companies is highly diversified by stage, sector, and geography. Clark Atlanta University (404)880-6749. hireapanther@cau.edu. Liked by Sandeep Kagzi. In the first half of this year, he brought in $400,000 for three speeches, according to the Financial Times, which cited unnamed people familiar with the speeches. Anyone have any insight working at UBS as far as career progression and work-life balance (and if youre in one of the roles, what salary numbers sound fair)? Our data shows that Warburg Pincus employees in New York, NY get paid the most, where the average yearly pay is $137,857. Salary and Compensation His will follow the 2010 publication of Paulson's "On the Brink." All Rights Reserved. The average Warburg Pincus hourly pay ranges from approximately $30 per hour for an Administrative Assistant to $30 per hour for an Administrative Assistant. . Warburg Pincus LLC - Partner/Managing Director. Does that seem accurate to you? Morningstar: 2018 Contribute to the database and get 1 month free* Full online access! All rights reserved. "Any cabinet secretary can expect to go out and make a lot of money, but particularly in Treasury.". To continue to use this site you must consent to the use of cookies as described in our Website Privacy Notice unless you have disabled them. This role has a base salary of $125,000. Implications for the media & entertainment sector. What is the average salary of Warburg Pincus, LLC Executive Assistant to the Managing Director? Got a consulting offer Sr associate PwC and Manager Stanley Black & Decker . This is largely dependent on seniority and location. They're also willing to pay someone of Geithner's experience many, many times his federal salary, he said. At a time when businesses increasingly seek sophisticated analytics about employee compensation, PayScales offerings enable its customers to make better, faster and smarter decisions related to attracting and retaining the talent to power their organizations in a cost-effective manner, saidJustin Sadrian, Managing Director of Warburg Pincus. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. NEW YORK, Oct. 19, 2016 /PRNewswire/ -- Warburg Pincus, a leading global private equity firm focused on growth investing, today announced . If you look categorically, the thing that has happened over the last 2-to-3 years is private equity firms have identified SaaS subscription-based businesses as an opportunity set that maps well with the investment horizon they have, he said. Follow us on LinkedIn. Warburg Pincus LLC is a leading global growth investor. For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. Looking for advise on company culture at both companies. Gender Male. Warburg Pincus employees in New York, NY, San Francisco, CA, and Aventura, FL are the highest paid. 18,718 / yr. Director salaries - 1 salaries reported. Employees in human resources roles earn the highest wages at Warburg Pincus, with an average salary of $128,352. This base compensation is the equivalent of $80 per hour assuming a 40 hour work week (2,000 hours per year). "Any financial firm would be thrilled to have a Treasury secretary who understands everything about [the way] Washington speaks," said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington. Steve Coates, a managing director at private-equity firm Warburg Pincus LLC, is to retire at the end of this year at the age of 49. About 650K - 702K/yr Avg. For the latest business news and markets data, please visit CNN Warburg Pincus pays $126,177 per year on average compared to KKR & Co. L.P. which pays $116,284. Warburg Pincus LLC has hired Goldman partner Gaurav Seth for its capital solutions group Ive inquired about pay but its gotten nowhere. Warburg Pincus Privacy Notice Privacy Notice Personal Data Request Legal Disclaimer Fraud Notice Forms 20-2 and 21-3. The firm holds $35 billion in assets -- though in some ways, that's small . About Warburg Pincus Warburg Pincus is a leading global private equity firm with nearly $60 billion in assets under management (AUM). They crowdsource for different kind of information than we do.. Have a scoop that you'd like GeekWire to cover? Like. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Business. LinkedIn View on LinkedIn. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Based on the WSO data, Warburg Pincus employees in New York and get paid the most. Morningstar, Inc. All Rights Reserved. Follow us on LinkedIn. Congratulations to Kerrie Cohen, Managing Director, Head of Communications and Marketing, Americas at Warburg Pincus, and the rest of the class, on being selected as 2023 David Rockefeller Fellows . Yes, the pay is good at Warburg Pincus. 2021 Not Geithner. Experience Partner / Managing Director Warburg Pincus LLC Mar 2015 - Present 8 years. None of the information on this page has been provided or approved by Warburg Pincus. As a result of the deal, the New York-based private equity firm is taking a majority stake in PayScale by buying some existing shareholders stock and investing new cash. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). This estimate is based upon 1 Warburg Pincus Managing Partner salary report(s) provided by employees or estimated based upon statistical methods. Prior to joining GGV in 2016, Teck Loon was a member of the . Salary report generator PayScale getting up to $100M in deal led by Warburg Pincus. by John Cook on April 24, 2014 at 1:30 pm. In San Francisco, CA, Warburg Pincus pays a lower average salary of $133,313. I have 4 years in retail banking and am interviewing for a KYC Analyst position and a Risk and Control Analyst position currently. However, workers in the it department earn an. Warburg Pincus looks for businesses that have positive growth, underlying strong economics and proprietary data sets, PayScale CEO Mike Metzger said in an interview. Other executives include Timothy F. Geithner, President; Steven G. Glenn, Managing Director, Chief Financial Officer, Chief Operating Officer and 20 others. Verify your email to use filters. Warburg Pincus said Geithner will have a significant strategic and managerial role as president and managing director. He started at the Treasury Department in 1988 after a short time at the consulting firm Kissinger Associates. Executive Assistant salaries - 1 salaries reported, Membership Advisor salaries - 1 salaries reported, Managing Partner salaries - 1 salaries reported. . You can change your cookie settings at any time from within your web browser. All Rights Reserved.Terms Finance, Legal, and Quantitative Research. PayScale faces competition from Glassdoor, a San Francisco company led by former Expedia execs and backed in part by Seattle investor Rich Barton. Metzger noted that Warburg first approached his company abouttodays investment. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 real estate funds, which have invested more than $108 billion in over 1,055 companies in more than 40 countries. Based on 3 ratings, Warburg Pincus' employees are very satisfied with their Executive Team and give them an "A+" or 97/100. "The federal government pay scale tends to compress earnings into a narrower range than private markets," he said. Warburg Pincus pays an average salary of $160,000 per year. If you include the average bonus of $160,000, then the total average pay at Warburg Pincus would be $320,000 per year or $152 per hour at the 44 hour work week. Associate salaries - 1 salaries reported. Our data shows that different departments at Warburg Pincus pay different salaries. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Membership Advisor salaries - 1 salaries reported. Warburg Pincus Associate salary in India ranges between 46.0 Lakhs to 65.0 Lakhs. Managing Director Warburg Pincus Feb 2006 - Present 17 years 1 month. Related: Where are the key players of the fiscal crisis now? 2005-2023 Wall Street Oasis. Glassdoor has 88 Warburg Pincus reviews submitted anonymously by Warburg Pincus employees. Fraudulent activity using the Warburg Pincus name has been reported in India. See the full leadership team at Craft. The average employee at Warburg Pincus makes $126,177 per year, which is quite competitive for its location and industry. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.7. The firm has more than $85 billion in assets under management. The actual average hours worked per week at Warburg Pincus based on our data is actually 44 hours, which would bring down the true effective hourly rate to $76 on average. 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. And then there's the prestige of bringing Tim Geithner on board. This is largely dependent on seniority and location. Real Estate Investor at Warburg Pincus Singapore. Salaries >. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Fraudulent activity using the Warburg Pincus name has been reported in India. Vishal Mahadevia is based in Mumbai, joined Warburg Pincus in 2006 and co-leads the firm's activities in India. It also helps businesses set compensation ranges for staffers, providing an immediate snapshot of whats going on in the job market. The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Warburg Pincus employees in different groups or divisions tend to have different salaries as well. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Warburg Pincus is well known to those in the Seattle tech community, since it was the private equity firm responsible for taking The Cobalt Group private in 2001. Metzger said that Warburgs valuation was very clearly higher than Payscales previous funding rounds. Commercial Customer Service Representative. Employees in the it department receive relatively high salaries as well, where wages average $125,491 per year. Timothy Geithner serves as President of Warburg Pincus. Home for Accurate and Free H-1B Salary Information. K2 International eyes MGA acquisitions with Warburg Pincus ownership on horizon . Cable News Network. PayScale, a 14-year-old Seattle . New York. 670,333 / yr. Total Pay. Last updated months ago. Random House announced last spring Geithner was working on a book about the financial crisis. The lowest-paid workers at Warburg Pincus make less than $84,000 a year, while the highest-paid workers earn over $188,000. Warburg Pincus LLC is a leading global growth investor. All content of the Dow Jones branded indices S&P Dow Jones Indices LLC 2018 Share. BetterCloud Director Of Product Management - Remote jobs in San Jose, CA. This employer has not claimed their Employer Profile and is missing out on connecting with our community. On Fishbowl, you can share insights and advice anonymously with Warburg Pincus employees and get real answers from people on the inside. Warburg Pincus, Bain Capital, and Accel. Salary estimates are based on 19 Warburg Pincus salaries received from various employees of Warburg Pincus. Warburg Pincus employees in different groups or divisions tend to have different salaries as well. as a managing director. He is barred for one year from lobbying the government on issues he previously worked on, Sloan said, although the firm did not say Geithner's role includes lobbying. Managing Director, Head of U.S., Matrix Renewables, a TPG company . Mr. Mahadevia also is a member of the firm's Executive Management Group. Private Equity vs. Investment Banking compensation. The company helps employees figure out how much they should be getting paid in their jobs, and prospective employees determine what they should make. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 2022 Warburg Pincus LLC. Prior to joining Warburg Pincus in 2020, Teck Loon was the Head of Investor Relations at GGV Capital, responsible for GGV's LP relationships globally. Metzger saidthat until this year, he had not really though about PayScale partnering with aprivate equity firm. Uzair Dossani a managing director at Intermediate Capital Group, an investment manager with $71 billion in assets under management just closed a deal on Thursday for what he described as a . This employer has not claimed their Employer Profile and is missing out on connecting with our community. In 2003, he was picked to head the Federal Reserve Bank of New York. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. A free inside look at company reviews and salaries posted anonymously by employees. Warburg Pincus is a medium finance company with 500 . There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. The average Warburg Pincus salary ranges from approximately $62,945 per year for an Administrative Assistant to $322,343 per year for a Vice President. The firms active portfolio of more than 260 companies is highly diversified by stage, sector, and geography. PayScale, a 14-year-old Seattle Internet company that specializes in compiling compensation data, is receiving an investment of as much as $100 million as part of a recapitalization effort being led by Warburg Pincus. There's a salary posting in Wall Street Oasis that says in 2018, an MD at Warburg Pincus earned 500k base and 1.5M bonus for 2M TC, $. Warburg Pincus LLC in Moses Lake, WA Expand search. The company currently has more than 40 million salary profiles, using that data to help 3,000 business customers make accurate salary decisions. This base compensation is the equivalent of $80 per hour assuming a 40 hour work week (2,000 hours per year). Average GoldenTree Asset Management Salary. Vishal Mahadevia, Managing Director, Head of India at Warburg Pincus, recently gave the opening address at Indian Venture and Alternate Capital Association . A free inside look at company reviews and salaries posted anonymously by employees. View job details, responsibilities & qualifications. Teck Loon GOH is a Managing Director in the Warburg Pincus Fundraising and Investor Relations group, based in Singapore. He previously served as President and Chief Executive Officer . Politics and policy. Founded in 1966, Warburg Pincus has raised 21 private equity and 2 . While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 1K followers 500+ connections. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Pacific Northwest startup funding activity is down 80% so far this year, Drone startup Brinc prepares for take off with ex-Amazon engineers and geopolitical tailwinds, Microsoft and Google back Typeface, an enterprise generative AI startup led by ex-Adobe CTO, Subscribe to GeekWire's free newsletters to catch every headline. 2 reactions. The so-called revolving door between the public and private sectors gives government officials a route to cash in, said Chris Edwards, director of tax policy studies at the Cato Institute. But several secretaries before Paulson returned to the private sector, including Robert Rubin, who served under President Clinton, then took a key post at Citigroup -- one of the banks which needed billions in federal bailout money to stay afloat. All rights reserved. Warburg Pincus, LLC Executive Assistant to the Managing Directors earn $70,000 annually, or $34 per hour, which is 15% higher than the national average for all Executive Assistant to the Managing Directors at $60,000 annually and 6% higher than the national salary average . 1 Comment. This is an estimate based on latest salaries received from employees of Warburg Pincus. Geithner earned $411,200, plus benefits and an even larger severance payout, in his final year at the Fed, according to financial disclosures. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. The community relies on everyone sharing. See. I have MBA + 3 year experience in industry. Some of the job titles with high salaries at Warburg Pincus are group vice president, principal, director, and foreign exchange trader. I went above and beyond for years doing extra work, organizations etc and nothing has been reflected in pay. 9 salaries for 6 jobs at Warburg Pincus in London. . Timothy is Chair of the Program on Financial Stability at the Yale University School of Management, where he is also a visiting lecturer. In this capacity, he helps oversee the investment decisions and the management of the firm. We ticked many of those boxes for them. The actual average hours worked per week at Warburg Pincus based on our data is actually 44 hours, which would bring down the true effective hourly rate to $76 on average. Sign In. Employees who work in the Generalist group tend to get paid the most at at Warburg Pincus, earning an average yearly salary of $320,000. Executive Administrative Assistant Average Salary at Warburg Pincus, LLC in the United States, See 1 More Warburg Pincus, LLC Executive Administrative Assistant Salaries, Accounting Manager Average Salary at Warburg Pincus, LLC in the United States, Executive Assistant to the Managing Director Average Salary at Warburg Pincus, LLC in the United States, Executive Assistant to the Managing Director, President Average Salary at Warburg Pincus, LLC in the United States, Computer Consultant Average Salary at Warburg Pincus, LLC in the United States, Technical Support Specialist Average Salary at Warburg Pincus, LLC in the United States, Executive Assistant to the Chairman Average Salary at Warburg Pincus, LLC in the United States, Executive Assistant Average Salary at Warburg Pincus, LLC in the United States, Analytical Chemist Average Salary at Warburg Pincus, LLC in the United States, Administrative Assistant Average Salary at Warburg Pincus, LLC in the United States, See more Warburg Pincus, LLC salaries by Location, VP/Senior Director of Credit & Portfolio Management. The starting pay at Warburg Pincus is $84,000 per year, or $40.38 per hour. Compared to the industry average of $86,451 per year, the average annual salary at Warburg Pincus is $126,177, which is 45.95% higher. We're a high-energy, high-growth technology company seeking a Director of Product Management. No downsides that I can think of, it is a truly unique place with very talented employees. Overview Overview 88 Reviews -- Jobs 82 Salaries 22 Interviews 44 Benefits -- Photos. Having problems? But with a new appointment at the private equity firm Warburg Pincus, plus income from a book deal and paid speeches, Geithner is poised to make many times his salary in the public sector, where he worked for 25 years. Most stock quote data provided by BATS. . Although Paulson was one of the richest Treasury secretaries, many who take the job do so after a lucrative career on Wall Street. Bonus range: $95,000 - $260,000. We fit into that bucket.. Privacy Policy. Salaries vary by department as well. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Remote). As Treasury secretary, he earned a salary of $199,700. The average Warburg Pincus salary ranges from approximately 71.2 Lakhs per year for a Associate to 71.2 Lakhs per year for a Associate. Read what they think about their salaries on our Compensation FAQ page for , Associate salaries - 30 salaries reported, Vice President salaries - 12 salaries reported, Administrative Assistant salaries - 5 salaries reported, Private Equity Associate salaries - 5 salaries reported, Senior Fund Accountant salaries - 3 salaries reported, Executive Assistant salaries - 3 salaries reported, Vice President Marketing salaries - 3 salaries reported, Associate (Investment Analyst) salaries - 3 salaries reported, Senior Accountant salaries - 2 salaries reported, Business Analyst/Developer salaries - 2 salaries reported, Senior Analyst salaries - 2 salaries reported, Economic Analyst salaries - 2 salaries reported, Financial Analyst salaries - 2 salaries reported, Senior Platform Engineer salaries - 1 salaries reported, Tax Accountant salaries - 1 salaries reported, Senior Manager salaries - 1 salaries reported, Accounts Payable Specialist salaries - 1 salaries reported. You can unsubscribe from job alert emails any time. 333,633 / yr. Warburg Pincus Capital Corporation I-B is a smaller company with a market capitalization of US$671m, so it may still be flying under the radar of many institutional investors. Without a doubt we compete with Glassdoor for eyeballs, but we do not compete in terms of revenue, said Metzger. 2022 Warburg Pincus LLC. It claims to have the largest online salary survey in the world.. Roy Ben-Dor, Managing Director and Head of Energy Transition and Sustainability at Viridi investor Warburg Pincus LLC, spoke at the conference about why streamlined operations may separate long . He began his U.S. government career with the Treasury Department in 1988. You can change your cookie settings at any time from within your web browser. Years of private equity experience, deep industry knowledge, and global networks of resources enable our team of more than 250 investment professionals to identify opportunities, attract outstanding entrepreneurs and business leaders, and ultimately partner effectively with management teams to grow successful businesses in todays dynamic environment. The average salary for Warburg Pincus is $118k per year, which includes an average base salary of $105k and an average bonus of $13k. He is also the Co-Chair of the Aspen Economic Strategy Group. However, workers in the it department earn an average salary of $125,491 per year. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. To continue to use this site you must consent to the use of cookies as described in our Website Privacy Notice unless you have disabled them. or Want to Sign up with your social account? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. In this capacity, he helps oversee the investment decisions and the management of the firm. Warburg Pincus's Chief Executive Officer is Chip Kaye. managing director, K2 International . . Sharmila BaichooGeneral Manager. Workers in the human resources department can earn an average of $128,352 per year. Subscribe to GeekWire's free newsletters to catch every headline, Microsoft beats expectations with quarterly revenue of $20.4B, earnings of 68 cents, Microsoft hires key HP exec Tony Prophet as new Windows marketing leader, responsible for taking The Cobalt Group private in 2001, Software Development Engineer III New Initiatives, Senior Site Reliability Engineer (Seattle or US Remote), Senior Software Development Engineer Lending (Seattle Or U.S. How much do Warburg Pincus employees make? Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset. 2022 Warburg Pincus LLC. Based on 82 salaries posted anonymously by Warburg Pincus Managing Partner employees in London. These ranges are from employer specific salaries submitted by WSO members. Lower-ranked officials make more than their private sector peers, but "at the top end, there's absolutely no doubt that they can do better in the private sector.". All rights reserved. Liked by Sandeep Kagzi. . Salary: Salary Range: $189,000 - $210,000. LP has recognized Warburg Pincus as a 2023 Top Private Equity Innovator, . 3K followers 500+ connections. One was at the annual meeting of Warburg Pincus, the Financial Times reported.