Everything Rothschild London
Hi all!
Curious to learn more about Rothschild London.
Joined the team very recently as an Analyst and know the comp is 70 for An1 and 80 for An2. Does it go to 90 for An3?
What about bonuses? Know these are usually eqv. to Tesco meal deal vouchers but more precise numbers would be greatly appreciated please!
What does the promotion cycle look like? I.e. when are Analyst promotions during the year and when does An -> Aso happen? What is Aso comp looking like these days? On the topic of promotions, is it possible to be fast-tracked?
Does the firm do off-sites or annual corporate events? Know that Moelis does a yearly ski trip for the London office (VP told me when I was interviewing) so that would be nice if something similar happens at Roths, albeit they are much bigger in London than Moe.
Any insights into other related topics would be much appreciated, if possible - know others may have similar questions and there is limited materials on the site from what I looked over!
Thank you!
Also curious to know
Tesco voucher thing is actually like a pseudo-joke. You get a £3 daily credit to your name to use in the cafe/vending machines haha. Tbf think it is a very small but nice gesture.
Edit: spelling
How is that a nice gesture...
Because no one requires the firm to give you a free coffee or snack on a daily basis but they do it anyway
They are a multi-billion $$$ company, three punds is nothing to them when they work you like a slave.
Stop tryharding so bad. Would throw shit if I could
Not to mislead, but believe An to An promotions are in April and An to Assoc is in January. May be mistaken.
Source: Friend worked there.
Bump
Is comp 70 all-in?
Base
With apologies, will do a couple of bumps for visibility
Bump
Bump
lol you bean-loving Brits make $70k. About the same for 9 months prorated. Enjoy your summers
£70k* base. London and it’s market aren’t perfect, but I’ll take it over the authoritarian dystopia of the USA any day of the week
London is an actual shithole. On top of that, nothing more authoritarian than sending your citizens to jail for Facebook comments lmao.
I should think executing citizens and prosecuting law firms might be slightly more concerning, and frankly that’s the tip of the iceberg.
I suppose I can only pity you for the chronic ignorance you so clearly suffer from. I’m sure you will reply with some sort of diatribe, which I won’t dignify with a response.
You should try actually visiting London some time. It might be a bit of a culture shock though - our elected leader isn’t even a pedophile.
not worth arguing, the uk are a completely brainwashed population.
and you yanks can enjoy calling Donald “your highness” soon
He said, forgetting he has a king we booted from our continent
Why Americans are always confusing GBP to USD lmao. You're just literally proving the dumb American stereotype being correct. FYI GBP is much stronger than USD lol
70k gbp is 93k USD…. Street base in USA for BB/EB is 110k
With currency base is probably a little bit lower but even then London is cheaper than NYC and you don’t have to pay for healthcare. Only issue is tax is higher.
Tax is not too far off tho since they have to pay for income + federal + city taxes which bring down to $6.5k (£4.7k)/month which is basically the same as post-tax salary of £80k/year in the UK
Our London juniors live a whole lot better than our NY juniors from a financial perspective once you factor in cost of living
Can you up the pay boomer, just because we have a slightly bigger shitbox doesn’t mean it is acceptable
No one’s stopping for you from finding another job. If you’re not good enough to get paid better, that’s on you Life’s pretty good for me.
Interesting, I thought MDs made careers through focusing on the details? Figures below suggest you are wrong. Even allowing for a margin of error, the claim 'Ldn juniors live a whole lot better from a financial perspective' is incorrect. That's before you factor in the rise in crime, rising social welfare state, failing public infrastructure etc.
My juniors may not be as poor as you
my base in london is ~$8300 pm as an a1 and my rent is $1600 pm.
Are you using the 2024 fx rate? It's 1.36 GBP/USD now. So base is c. $8k per month for London.
Also have you seen c rime rate comparison on NYC vs London? Literally 3x fewer homicides in London..
NYC is a proper crap place compared to London.
Who got spring week offer
was an analyst 5+ years ago at a non-london office, so can't answer most of these but was very close to a few of the london analysts while we were training and I would be very surprised if things have changed for these:
promotion cycle: analyst bonuses are in the summer (end of june?), analyst -> associate happens end of march around the same time the other promotions happen (to vp, to d, to md, etc.). I had never heard of a fast-tracked analyst -> associate promotion happen at the time, ever, but have heard of one associate -> vp taking only two years (although wouldn't count on it, it surprised everyone when it happened)
off-sites: I know annual trips in london are done by group - consumer does an annual ski trip for sure, not sure by others
Thank you! This is what I was looking for!
FYI — Moelis London ski trip is optional and you have to pay for it yourself if you wanna go so it’s not exactly a perk lol
Thanks I’m looking to only join a team with a ski trip for free
Rothschild London does do off-sites and firmwide events, though they’re generally more low-key than some US boutiques. Don’t expect Moelis-style annual ski trips, but there are team-level events and occasional international off-sites, especially after good years.
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