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Higher salary in Private Equity than Investment Banking. Myth?

You often hear on here that there is more money to be made in Private Equity over Invesment Banking. I was looking at the 2016 employment report from London Business School. Looking at the mean salary, it is higher in IB than in PE. Also the "other guarenteed compensation" is much higher for IB.

I was under the impression that salaries were much higher in PE?
Is that only true if you move to a top mega fund?

Is there really a lot more money in PE? Or is it just a case of the average salaries being higher in PE but if you are performing well in IB, you can still earn higher than the average performers in PE?


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