When are Arkesden or the likes going to release an updated report to reflect changes made to base this year?
I know we don't know what bonuses will look like yet but would be very useful to have official commentary on increases across the street.
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They already have - saw a sept version of it floating around on linkedin
Can you please share a link? I can't find it
shorturl.at/mxS07
How can you Brits not move to the USA with your shitty subpar pay?
I banked with Monzo and lived in London for 2 years btw (American) at Barclays. Im genuinely curious how this comp doesn’t piss you off?
You’re right - London pay is a joke. However, it’s not that easy to move. If they could, the majority of people would move to the US.
Yeah it wasn’t meant as an insult- I’m just trying to understand.
We have a worker shortage so you can probably get here if you have enough experience and are Oxbridge
for context, salaries within EU are generally awful. on that basis they find some confused comfort from being in the top 20%
e.g., a starting salary for a UK chemical engineer with a 4 year masters from a top 50 global ranked university averages c. £30k p.a. (US$41k)
Yeah this pretty much.
Unlike the US, there is generally a lack of well-paid alternatives in Europe. IB comp seems low here compared to the US, but is very high compared to everything else here.
I'm sure many would move to the US if they could, but it's easier said than done. Visas are a big entry barrier, among other things.
Dartmouth Partners released their London Investment Banking Comp report for 2021 yesterday.
Thank you. I received the email but I am getting an error message when trying to access the full report?
complete this form https://dartmouthpartners.typeform.com/to/hEL53SOw?typeform-source=www… and you will receive an email with a link that works fine
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