Thelander CVC Digest: July 2022

How is the CVC Hiring and Retention Landscape Changing?

In July’s Thelander Digest, we examine how the CVC hiring and retention landscape is changing. Particularly, we focus on where new CVC hires are coming from and where CVC employees are going when they leave? 

First, let’s look at where new hires are coming from. 

Thelander data indicates:

• The percentage of CVC units hiring new recruits from other CVC units, VC firms, and Graduate School have been increasing consistently since 2019.
• The percentage hiring new recruits from consulting firms is also up since 2019, although it decreased slightly from 2020 to 2021.
• While private companies are still the third most popular source for new hires, the percentage has been decreasing consistently since 2019. 

Now, let’s look at where CVC employees are going when they leave. 

Our data shows:

• While VC firms and other CVC units are still the organizations where the largest percentages of CVC employees are leaving to, the percentage has dropped since 2019 for both.
• The percentage losing senior professionals or key recruits to other positions in their parent company has also decreased.
• Meanwhile, the percentage of CVC units losing senior professionals and key recruits to PE/Growth firms, private companies, and public companies have all increased over the same period.

Do you want to find additional CVC compensation data? You can access this and many other topics for FREE by participating in our CVC Compensation Survey. 

Thelander is the only firm that covers the entire private capital market from your investment firm to your portfolio company’s compensation. Did you enjoy our Thelander Digest, have ideas for future ones, or want to learn more about how J.Thelander Consulting can help you make informed decisions when it comes to hiring, incentivizing, and retaining talent? Email us here or give us a call at 305-793-8605. We love to hear from you!