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Based on the most helpful WSO content, overtime pay for Summer Analysts (SAs) at Citi in London is not commonly mentioned or structured in the same way as in NYC. In the U.S., particularly in NYC, SAs may receive overtime pay due to labor laws requiring compensation for hours worked beyond a standard threshold. However, in London, such practices are less common, as employment laws and compensation structures differ.
In London, SAs are typically paid a pro-rated salary for the duration of their internship, and overtime pay is not standard. For example, a previous WSO thread on London SA compensation mentioned a pro-rated salary of £55k for Markets divisions, with no indication of overtime pay being included.
If you're considering this role, it’s best to confirm directly with Citi HR or current/former SAs in London for the most accurate and up-to-date information.
Sources: BB SA Overtime Pay Confusion?, Can you guys hype up Citi for me, MS ER vs Citi Markets SA - London, SA getting paid for the full 10 weeks even if it’s virtual and Citi moving to 7/6 start, London SA 2023 Compensation
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Not the case in London
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