How much should a searcher take as salary during the search?

by a searcher from IE Business School

2 years ago

I think this is a point that isn't discussed enough and more data/info here for prospective searchers would be helpful. Knowing what you're getting into financially is important. 

Investors and searchers - how much do you think is an appropriate amount?

3 likes
299 views
9 comments

searcher from Harvard University - Harvard Business School

All recent PPMs I've reviewed have been around $125k. Seems like the big thing investors are looking for is that you're hungry and tight during the search phase. The salary should feel like a bit of a pinch and below what you're capable of earning in the W-2 world.

I'm doing this later in life (I'm 43) and asked for more than usual and it has been OK. However, I was sure to communicate that although the my salary was way above average for a post-MBA searcher, it was still really tight for me given my commitments (mortgage, kids, etc).

10 months ago | like reply | 3 likes

searcher from Harvard University - Harvard Business School

Wanted to resurface this! Any more recent benchmarks for search compensation? Head from fellow MBA students that $160-170k/year (adjusted for inflation) has become more common

10 months ago | like reply | 0 likes

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