The Edge.
A short weekly read on hiring, compensation, and the labor markets for finance, legal, healthcare, and engineering professionals. Written by working recruiters. Not affiliated with any firm on our board. Free forever.
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HIRING
Hedge fund hiring is back — just not where you think.
Multi-manager platforms are adding seats at a clip not seen since 2021, but the story is in where: commodities, short-duration credit, and quantamental rate pods. We spent six weeks talking to 23 pod-shop seat-placers about what's actually moving.
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The Big Law Bonus Ladder, Explained
Cravath set the number. Everyone matched within 72 hours. But the bonus ladder story is more complicated than "Class of 2023 got $150K."
Why CFO Searches Are Suddenly Heating Up
Q1 CFO departures at S&P 500 companies hit a 9-year high. What's driving the churn, and what it means for sitting Controllers looking to move up.
The Travel Nurse Premium Is Coming Back
After two years of post-pandemic compression, travel RN rates are climbing again. Which markets are paying, and why staff nurses are considering the jump — again.
Defense Engineering: The Cleared-Talent Shortage Gets Real
The DoD wants a 40% increase in cleared engineers by 2028. The pipeline produces maybe 15%. What primes and integrators are actually doing about it.
Compliance Pay Is Up 18% — Here's Why
Three years of enforcement actions and a new SEC chair have turned compliance from cost center to strategic hire. Comp figures are following.
The In-House Migration Cycle Is Accelerating
Sixth-year associates going in-house used to be a career decision. Now it's a 12-month calculation. What's changed about the math.
Nurse Practitioners Are Having Their Moment
State-level full-practice authority expansion and primary care physician shortages are reshaping outpatient hiring. NP comp tracking is finally catching up.
Private Credit Is Eating the Junior Analyst Market
Direct lending funds are paying associate IB comp for second-year analysts. Bulge bracket 2024 class retention is at a decade low.
The Aerospace Hiring Boom Isn't Slowing Down
Space launch cadence, commercial recovery, and defense modernization are all hiring engineers at once. What that means for systems, RF, and propulsion roles.