VP salaries London UK
Can anyone estimate the average base salary and bonus for a Vice President in London UK?
I am interested in Project Finance and power, infrastructure, utilities and energy roles. I’m still researching so can’t confirm the exact area I want to go into. With this in mind I’m happy to hear about VP salaries generally so I can gauge what is realistic.
Based on the most helpful WSO content, for a Vice President (VP) in London, we can look into the general compensation structure in the finance sector to give you an idea. While the specific data for Project Finance and sectors like power, infrastructure, utilities, and energy isn't directly provided, we can infer from the available data to give you a ballpark figure.
For a VP in London, the compensation data from 2023 shows: - Base Salary: Approximately £175,000 for a VP in private credit, which could serve as a reference point. While this is specific to private credit, it can give you an idea of the compensation level for VP roles in finance in London. - Bonus: The cash bonus for the same VP level in private credit was around £205,000, split 85/15 cash/deferred over 3 years. Additionally, there was a carry allocation of c. £1m, paying out roughly £50k per year over 5 years with the rest back-ended.
It's important to note that bonuses and additional compensation like carry can vary significantly based on the firm's performance, the specific sector, and individual performance. For roles in Project Finance and the mentioned sectors, the structure might be similar, but the exact figures could differ based on the specific industry dynamics and the company's compensation policies.
Remember, these figures are for guidance and the actual compensation can vary based on numerous factors including the firm's size, the specific role's responsibilities, and market conditions. For more precise information tailored to Project Finance in the power, infrastructure, utilities, and energy sectors, it would be beneficial to look into industry-specific reports or surveys.
Sources: Management Consulting Salary & Compensation, Average Bonus in Consulting, London Private Credit Compensation 2022, No bullshit - London bonuses, VC London Pay, No bullshit - London bonuses
VP3 - £170 - 180k
I think VP1 - 2 would be £140 - 170k depending on shop
Edit: We haven't had our communication yet (not at a BB), so this might (hopefully) have stepped up
If they ever close down Harrods, I will leave London as fast as a runaway slave and never come back
VP1 should be 170-190k base and around 100% bonus
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