London Comp after tax
AN1–>50+35= 85.000£—> £57.989
AN2–>55+37= 92.000£—> £62.049
AN3–>60+55= 115.000£—> £72.389
AS1–>90+73= 163.000£—> £97.551
AS2–>105+90= 195.000£—> £114.511
AS3–>120+108= 228.000£—> £132.000
VP1–>145+120= 265.000£—> £151.611
VP2–>150+145= 295.000£—> £167.511
VP3–>160+166= 326.000£—> £183.941
Hello monkeys first time posting here
Is this roughly accurate for IBD BB London?
The first is base+ the bonus and after the arrow is after tax for London.
If true then really London is way behind NYC in terms of pay
bro this is inacurate af - at my EB base is £70k for A1, £80k for A2 and £95k for A3 (bonuses ~100%)...
Also most BBs have raised total comps too
Yeah that’s why I asked
I’m also referring to BB so maybe EB have better comps?
BB are now starting at 60k for A1 and bonus is ~40k on average.
Also didnt mention earlier but sign in at my EB is 10k and for BBs it is ~6k (only BofA pays 5k)
Take a look at another post. All the banks increased the base, most of them are starting from 60 - 70 now
Oh thanks for pointing out that London is behind NYC in pay. Thank you for your revelation. We would've never known if you hadn't added these outdated figures together and put them in a tax calculator. Damn why does no one on the forum ever talk about this.
I’m not saying I’m made a huge discovery I just heard London pay got better and I just see it’s nowhere near nyc in terms of comp… what’s wrong with asking a question you sour mf
https://www.wallstreetoasis.com/comment/2646126#comment-2646126
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