VC, PE firms resort to salary hikes amid historic quitting spree

The ongoing tidal wave of employees quitting their jobs in search of more money and flexibility—also known as the Great Resignation—has not spared investment firms.

New data shows that 27% of venture capital, corporate venture capital and private equity firms lost a partner or key recruit in 2021, according to a recent J.Thelander-PitchBook survey of more than 760 respondents. More than 40% of those who quit joined a competitive firm, while 16.1% launched their own firm or company. READ MORE