London SA compensation
Hey guys,
Just curious about what is the approx London SA weekly salary for each kind of firm. Could anyone provide data (ie: what kind of firm and weekly salary)?
Thanks.
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50k prorated is standard
Thanks! So approx 950 pounds/week?
Pre-tax
European BB. Most firms are pretty standard with London SA compensation.
£50K prorated + £1k signing bonus + £1k for not taking 5 alloted sick days.
What does PS mean?
Pound Sterling (£)
American EB: PS 45k pro rated (i.e. PS 3,750 per month)
American EB: £55K pro rated
Canadian Bank - 38k GBP pro rata'd (FICC)
Boutique - 36k GBP pro rata'd (with additional 0.75k-1k bonus based on performance) (M&A)
Reviving this thread for incoming 2021 interns Does the base ever change? Hasn’t it been 50k base since forever ago? Do they not adjust it upwards for inflation?
There's no need to increase it, most banks could probably decrease it and still receive the same level of interest
They could even require students to pay them 5k a month for the internship and they will still receive thousands of applications lmao
Deleted
European BB - 50k pro rated 1k signing
Asian bank - 58k pro rated 1k signing
American EB - 50k pro rated
why do asian banks pay more?
To compensate
GS is £47k prorated (9 weeks) + £1k relocation bonus
GS discount...
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