Afaik, St Gallen is the target and analysts are getting paid CHF 120k+ per annum. Is it really true? Also how is the HF or PE scene in Switzerland and do people relocate to NY after working the junior years in Switzerland?
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Base salary is usually 125-140k. Total comp 150-160k for an1. However there are very few spots as people don’t tend to exit asap as they have a comfortable position
Worth mentioning that the cost of living is pretty high therefore the higher salaries, but for sure a good place to be from what I heard.
ah, but when we compare costs with NYC, it turns out that Zurich is cheaper (by ~16%, including rent).
Yeah ofc , but for Europe overall Switzerland is quite the expensive destination.
Post-tax post-CoL Switzerland is probably the best deal for AN1 worldwide (maybe Dubai is better). Progression is slower but in Europe since the UK has come down quite a bit it is now a much better deal at every level, except maybe if you are a superstar MDs etc. (massive tail outcomes)
oh, what does the salary progression look like? and any idea about private banking comp?
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