THE DAILY DEAL TAKES A LOOK AT TRENDS IN COMPENSATION AND RECRUITMENT AMID MARKETS IN CHAOS

Where have all the bonuses, trainees gone?

September 27, 2001--New York, N.Y.--As dealmakers return to some semblance of normalcy, they're facing an increasingly unstable markets, with significant effects end-of-year payouts and recruitment The Daily Deal (www.TheDeal.com) reports today in a Special Report.

Autumn usually marks the beginning of the recruiting season for investment banks and other financial employers at the nation's premier graduate business programs. However, this year's graduates are finding offers much more scarce, in what has been described by those interviewed as the bleakest job market since 1991. Special correspondent Tara Croft looks at the situation in "Pounding the pavement."

Dealmakers accustomed to bonuses in excess of their base salaries, know this year will be different. Reporter Kelly Holman explores how private equity firms are altering compensation at their portfolio companies. Holman's story uses data gathered by PricewaterhouseCoopers from 19 buyout firms. The special report also features charts that map out salary prospects for recent graduates of Stanford's MBA program, as well as compensation for legal professionals.

In another story in the package, reporter Soma Biswas reports on the repercussions faced by former dot-com executives who attempt to return to the traditional economy after their Internet dreams are shattered. She found through interviewing scores of former new economy dealmakers, that some have been embraced by firms and relied upon for their Internet savvy, while others are shunned.

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The Deal, LLC is the leading media company charting the deal economy for dealmakers worldwide. The company provides original news reporting, financial data and commentary on a full spectrum of global transactions and the personalities and politics of dealmakers behind the deals. Through The Daily Deal and TheDeal.com, as well as e-newsletters, newsletters and special reports, The Deal, LLC addresses the information needs of the deal community composed of corporate executives, entrepreneurs, institutional investors, financial intermediaries and advisers. Investors in The Deal, LLC, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co., LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.