Sweatiest Groups in London 2023

What are the sweatiest teams in London in terms of hours, culture and pressure? Some that come to mind are the following:


For you guys, how would you rank the top 5 sweatiest groups in London? Which group is the absolute London sweatshop? Also, grateful if you can comment if comp is materially higher in these groups vs the rest of the street.

 
Most Helpful

All of these groups are absolute sweatshops (that come with the best exits, although GS and MS are definitely top 2). Not much between any of them, all are just try and survive teams. Probably hours wise it'd go: GS, MS then HL/PJT similar. Salary wise, PJT is top of the street in London with GS and MS the same and HL bottom (although this is rumoured to match PJT in August). Other teams to include would be Rothschild Energy and some jefferies teams although can't remember which specific ones.

 

Have heard from a lot of people that MS in general is a brutal sweatshop with the worst culture on the street. Wouldn't touch that place based on the horror stories I've heard from people who have been there. 

 

Can only speak on HL RX, I've been told by people close to the team that it's amongst the sweatiest in London. Levels of sweat so high that working there simply not sustainable. Churn quite high although exit opps are elite (as are all on the list).

IB - M&A Analyst
 

Can confirm GS TMT. Currently an analyst in another team at GS but did a rotation in the TMT team when I was an intern and have good relationships with a lot of people in the team.

It's a brutal sweatshop and a week below 90 hours is pretty much unheard of. A night that ends before 4am is a blessing. You will also be working +90% of Sundays (and I'm not talking about coming in at 12 and leaving at 4pm, but coming in at 10-11 and leaving at 2am). You'll get plenty of Saturday exceptions and if your vacation is not cancelled you will have to work for the majority of it. 

It doesn't get much better as you get more senior. I know senior associates who are still in the office until past 2-3am on a daily basis. It's also a pretty painful team to be in because you have quite a few MDs who want to turn every page 15 times. Every possible analysis under the sun needs to be run yesterday and no stone should be left unturned in the search for mandates. 

 

Enim est velit quia id facere. Eos veniam deleniti consequatur minus. In voluptatem beatae dicta sit. Ut omnis molestiae omnis non minima non. Labore veritatis nisi praesentium recusandae.

Voluptas rerum facere odio quo vero sed. Autem incidunt quo consequuntur quasi. Laudantium iusto qui sit in et id.

Placeat voluptas dolorem aperiam assumenda neque fuga. Quasi repellat omnis maiores consequuntur repellendus in atque.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”