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You are ranked individually and end up in a”bucket”. So to simplify, if you you and a guy in London are ranked the same, you will get the same (or similar) bonus. Then obviously some caveats as to your team/office has performed but that is apparently leas impactful on junior levels.
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Roughly yes with the caveats, at least that has been the case when comparing with colleagues. Could even be higher if the Nordics is a prioritised growth market at your bank. If you are a strong performer you will be paid in line with strong performers in London.
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