I work in a main HL office (think NY or London) and some MDs have confirmed, informally though, that analysts will receive base salary bumps in August to align base compensation with the rest of the street.
Any of you monkeys have further insights on this? I excpect base in NY to be bumped to An1 $120k / An2 $130k / An3 $140k and in London to An1 £80k / An2 £90k / An3 £100k.
| +217 | Downfall of Qatalyst | 42 | 4h |
| +167 | UBS IB 26Q2 a Disaster! Advisory Revenue Down 23%, Capital MarketsDown 5% | 22 | 3d |
| +111 | UBS Americas IB: The Kids’ Table of Wall Street | 15 | 8h |
| +81 | Lincoln International Return Offers | 42 | 1d |
| +52 | so confused about 28 SA timeline | 27 | 5d |
| +44 | London IB BB is a challenge | 29 | 8h |
| +37 | momentum of Rx groups | 11 | 1d |
| +36 | Fired during interview | 6 | 12h |
| +33 | [WSO MODS] Please Delete This BS Host Books Spam! | 2 | 5d |
| +27 | VP Lifestyle at Top BB Coverage Groups | 13 | 4h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Wasnt HL not already paying street level or slightly above in London??
No, HL A1 is 65k which is slightly below street at 70k i'd say. Especially low for the restructuring lot in London who work the worst hours in London.
70k is the AN1 base salary across the bridges in CW at least
.
Bump. How about FVA
who cares about what back office gets paid
L chain
i lol'd but "analyst 3+"? oof
65-70 is London street, £80k would definitely put them in a select few in London.
RX & CF?
Interesting time to decide to raise salaries
they recently raised lunch stipend in some offices
Can you share to what? And what most firms are? Appreciate it
.
.
Yeah I also work in a main HL office think (Atlanta, Baltimore, Boston, Chicago, Dallas, Houston, Los Angeles, Miami, Minneapolis, New York, San Francisco, São Paulo, Washington D.C, etc).
Dude just say the office, either NY or London, or don't say it at all. Obviously NY and London are the main offices.
what a useless comment
The useless comment was OP saying, "think NY/London"
Do you confirm the salary increase?
Has to be London, no one ever really mentions £ otherwise.
LA is main office tho lol?
Incoming An1 at HL, fwiw I have not heard anything regarding salary bumps
Of course, you haven’t heard anything as it’s not official yet. What is official is the base bump for associates which was in the range of $£20-30k
What? Currently at HL but haven’t heard anything about the asso base bump. You mean new base will be ~200 (up from 175) for asso1? Is it CF or RX only?
When my bank did the bump, they didn’t tell us until orientation
Lol, tbf we start getting paid in 3 weeks...
Need to see that litquidity post
Hope there is a bump cuz current pay is really bit lower than a lot of others
if this was true, it would put HL above most in base...
Haven’t heard a word about it, so probably not true.
Ya doubt this is true
Haven’t heard anything as well (work at HL)
Any updates? Seems like false info lol
Will bump. I'm curious
Seems like false info. Unless it was specific to London, there weren’t any associate raises outside of the typical annual bump that I’m aware of.
Think this is only a London thing. Another thread someone confirmed 30k increase for assoc in London
Really hoping new street base becomes 120k.
no shot right now - that only happened in 2021 because they literally couldn't hold onto analysts to save their lives, now you can take a short walk through midtown and pick up a bunch of analysts looking for a home. the last bump before the most recent one was 8 years ago so don't cross your fingers for one anytime soon
Just confirmed, salaries are under review across all positions. New bases would be in line with the evr/gugg/ghl. No change confirmed, just under review.
Where are you based?
New York
What do they pay right now
105/115/125
.
bump, any update?
Bump
Only restructuring got bumps
Fuck
By how much? To $120k?
Rx in the US did not receive bumps
So is it just an rx London thing?
Pretty confident it was only RX in London
Rx london analyst is £80/90/100, asso £125-155
CF nothing
It was about time that HL draw the line between The Shire and Mordor
It is true? What about the range of bonus? And is the sign in bonus still 9k? Thanks
Bump
Enim dolores hic itaque voluptates est aliquam. Occaecati quis ipsum aut placeat sunt aut error. Nulla est quis ut voluptas laboriosam doloremque voluptatem eligendi. Non molestiae deleniti consequuntur provident sit. Facilis enim quis tempore. Est et ea soluta quo tempora.
Rem vitae quia pariatur dicta molestias. Animi tempora quia error et accusamus quia et. Voluptatibus qui odit accusamus et. Similique rerum qui distinctio natus.
Quasi quo officiis id. Et vel sit eum non et. Aliquam laboriosam neque vero architecto. Eum et neque repellendus voluptatum. Cum vero voluptas sequi enim inventore. Beatae est enim rerum voluptates.
Dolores eum voluptatem magni. Earum quis et fugit consequatur rerum. Est debitis officiis reiciendis et.
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...
Et sit dolor occaecati nulla dolores doloremque cumque incidunt. Sequi neque nihil ab et laudantium omnis. Nemo quam at sint est aspernatur quia. Expedita porro exercitationem rerum.
Distinctio velit ab quisquam repellat impedit. Aliquid corrupti non possimus pariatur asperiores est. Eos cum magnam vitae.
Eos qui rerum voluptas eum amet dolorem eos. Omnis eius odit non amet itaque repudiandae molestias. Non omnis quo veniam numquam itaque excepturi alias. Perspiciatis soluta aut dolor.
Qui occaecati in neque ullam. Optio deleniti laborum nulla voluptatem omnis qui. Voluptatem qui quis dolores in quo. Accusantium dolores incidunt odit quisquam aut quae. Nam et placeat quae in harum voluptatem. Consequatur error quo beatae est eos.
Et aliquam reiciendis tenetur quo dolorem omnis labore. Soluta ea eum maiores deleniti ea vero laudantium repellendus. Omnis eius suscipit rem et voluptatem et maxime nulla. Odio neque ut iusto incidunt.
Quae dolor minus magnam eos. Aut incidunt exercitationem tempore dolores ut aliquid.
Nihil est ullam doloremque assumenda earum suscipit itaque. Id et unde odit officia sed voluptatem. Possimus consectetur rerum explicabo quidem quis nobis est. Iste eius velit perspiciatis aut.