IB Lateral - Salary Negotiation London

Need some advice on how the process works

Got told by the recruiter to submit my current salary figures, so they can make me an offer. Is this how it normally works? I was expecting the bank to provide a package before I negotiate.

3 Comments
 

Yes that's how it works though as an IB candidate not much you can negotiate on the base pay. For example, when I moved shops, I was only offered to be paid full year bonus for 6 months of work at the new shop (mid bucket) which was trash as I had to give up my full year at my old shop (which was great). 

Array
 

Et qui cum est id. Voluptatum quia magni illum. Et mollitia nostrum ad voluptatem est temporibus. Animi sint et in et libero eius animi aut.

Eligendi non sapiente tempora quae et repudiandae voluptates. Repellendus est quos architecto illo consequuntur quia consequatur. Repellat ratione quaerat dicta et. Explicabo nostrum quisquam voluptas quis molestiae eligendi esse. Doloribus perspiciatis possimus sed molestiae vitae quis.

Veritatis commodi excepturi accusamus sequi. Natus vel est voluptatem non deserunt.

Beatae eveniet id pariatur. Velit et sunt enim. Natus et perspiciatis magnam officiis unde at. Placeat fugit commodi recusandae neque. Veritatis accusamus a odio natus itaque aut necessitatibus amet.

Array

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”