London Salaries Lagging Behind

Is it just me, or are London salaries significantly lower than NYC at the moment?

I know a few people getting sign ons of $25-$50k in NYC, compared to £5-£10k max in London. Similar difference for base and bonuses...

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For experienced analysts and associates, it's not uncommon in the US to get a sign-on. For associates coming out of b-school, the sign-on is meant to offset at least some of the costs of the MBA, but also help with other expenses like moving costs, suits, etc.

And it's not just your perception, London doesn't pay as much as NY at the moment. It's not just on a currency-adjusted basis. It has been that way for a little while now.

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