Base Compensation Increase | IBD | London

All,


Grateful if you can share the most recent base compensations across different positions / firm in London:


JPM - A1 - £75k

MS - A1 - £70k

PWP - A1 - £75k

GS - A1 - £70k

PJT - A1 - £70k

JEF - A1 - £70k

EVR - A1 - £63k

Rothschild - A1 - £62k

Citi - A1 - £70k

WB - A1 - £70k

HL - A1 - £65k

UBS - A1 - £60k

Barclays - A1 - £60k

Nomura - A1 - £60k

CVP - A1 - £65k

HSBC - A1 - £60k

LAZ - A1 - £60k

CS - A1 - £60k

BNP - A1 - £60k

BoA - A1 - £57.5k (to be raised in Feb-22)


Any insights into other banks? RBC / HL / LAZ / BAMLDB / NOMURA / BARCLAYS / CS / GHL / LIONTREE / QATALYST? 


What about A2 / A3 / Associate?


EDIT: Updated as per comments below

 

They're slightly outdated. There have been raises since then, especially within the last week.

 

Do you know if they would change contracts for incoming SA?   Also I have heard interns were on 57k before instead of 60k for AN1, any ideas why?

Many thanks

 

Analyst 1 in IB - Gen

Bofa A1 57.5k - getting increased in February but we havent been told by how much yet

Thanks for the info, how have bonuses been this year?

 

CS interns are at £60k but not sure if that's indicative of A1

 

Phew, good thing they don't pay their A1s £60k. That extra £1k p.a. must be making all the difference to their bottom line! 

 

Awesome! Thanks for letting us know. Going to need this heading into my MF analyst stint as well.

 

Here is my method to convert like for like: 1. spot FX rate 2. CoL index via numbeo 3. Factor in tax rate via neuvoo tax calculator (don't remember exact name but Googling should do)

 

I remember when An1 used to be £45k not too long ago (2015 class I believe). £70k in London as base salary out of school is really not that bad at all, much better than $110k in NYC imo, but I haven't lived in London in over 5 years so my perception may be off

 

The calculation is wrong. Regardless, mine was just a thought as an EU citizen now living in the US and who used to live in London, checking comp progression in London what that can afford there vs here in the US 

 

Curious to hear more about your take comparing LDN to NYC. Usually everybody on this forum shits on LDN - and if you think it is better here, what made you move to the US? Are you considering moving back?

 

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