The ‘Golden Handcuffs’ Are Off: Private-Equity Employees Leave for Smaller Firms

The Wall Street JournalThursday, November 20, 2025 at 10:30:00 AM
The ‘Golden Handcuffs’ Are Off: Private-Equity Employees Leave for Smaller Firms
  • Private-equity employees are increasingly leaving their positions for smaller firms, motivated by a reassessment of their compensation packages. This movement indicates a significant change in the employment landscape within the private-equity sector.
  • The departure of these employees highlights a growing dissatisfaction with traditional compensation structures, often referred to as 'golden handcuffs,' which may no longer be sufficient to retain talent in a competitive job market.
  • This trend reflects broader market dynamics, as firms like McKinsey also exhibit cautious approaches to promotions, suggesting a potential reevaluation of growth strategies and employee retention practices across the industry.
— via World Pulse Now AI Editorial System

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