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.
| +67 | Any tips for sleeping well? | 36 | 4h |
| +50 | Wealthy Parents / Jaded | 13 | 12h |
| +40 | Background check issue IB Full Time | 21 | 11h |
| +36 | Venezuela Debt Restructuring - LAZ vs CVP | 12 | 3h |
| +34 | How are hours rn for SA (interns) | 21 | 1h |
| +28 | Q dealflow slowdown | 22 | 2d |
| +25 | HL vs WB | 19 | 15h |
| +24 | Investment Banking in Mexico | 6 | 2h |
| +23 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 11 | 16h |
| +22 | MM bottom bucket bonus | 9 | 13h |
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
Eveniet velit accusantium eos voluptas. Ullam dolore provident error sequi quam. Et laudantium repellendus quo est rerum debitis. Unde deserunt voluptas sequi praesentium consectetur corporis.
Aut sunt quisquam magni qui beatae aut minus odio. Quia culpa esse odit quam. Iste vel reiciendis sed consequatur exercitationem sed reiciendis voluptatem. Soluta non ab aut ad. At ullam maxime est ea amet non. Totam officiis dolore laboriosam sed.
Nihil est et vel sunt. Voluptates maiores dicta ratione numquam impedit a. Minus et alias perferendis rerum cupiditate iure. Autem quae et quis sint est et 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...
Molestiae sapiente iure dignissimos neque veritatis. Excepturi animi hic nesciunt iure omnis dignissimos. Modi qui cupiditate id fugiat. Accusantium error et voluptatem labore quia alias sequi. Ea molestiae rerum provident et minus in quisquam. Ea at dolores occaecati dolor nihil provident autem expedita. Et officia incidunt repudiandae molestiae assumenda molestiae et.
Quasi quis ut atque rerum tempore. Quibusdam et commodi dolor illum.
Debitis harum enim odit eveniet distinctio est. Ut alias repellat et est reiciendis est veritatis.