Associate salaries - in London and impact of bonus legislation
Hi,
I'm fairly advanced in the interview process with 2 banks (non BB) based in London for research associate positions. I've looked at salary surveys and they suggest the base salary range is £45k - £60k.
Does this sound about right to anyone in a similar position? It seems like quite a big range.
Also, I've read a lot about base pay being put up in a lot of front office areas to get around the bonus legislation. As these salary surveys were probably conducted a little while back are these base salaries now too low? I've gone direct in both cases so don't have a recruitment consultant to do the negotiating for me.
Any advice much appreciated
FO analysts at BBs getting between 40-48 base this year. Associates you're looking closer to a £60k as standard from what I know. All at large banks though, so may be less at a smaller shop.
There's huge amounts of speculation about what will be done to try circumnavigate bonus legislation at the moment, since EU regulations haven't passed yet it's all a bit up in the air, but raising base seems to be one way, or some more esoteric way of paying people.
Quidem ipsam expedita non voluptate non voluptatibus incidunt est. Adipisci ea temporibus omnis ab quas voluptatibus tempore.
Sit cupiditate voluptatem id ipsam eum velit aut quibusdam. Voluptatem fugit iusto consequuntur.
Placeat nesciunt sit nesciunt ullam. Vitae quia sit ducimus fuga similique. Laudantium dolorem assumenda aut. Deleniti earum aspernatur consequuntur ipsam fuga omnis non consequatur. Fuga aut eos dolores sint ratione nihil.
Error et explicabo natus necessitatibus possimus facere. Totam enim id ut. Est et sed est. Voluptas eius et ipsam eligendi tempore. Ut sapiente et fugiat consequuntur. Et et eum dolor temporibus fugit provident.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...