Why are European IB salaries so low compared to the US?
To take one example, London GS analyst pay is around $100K whilst NY GS analyst pay is around $150K. What causes this disparity?
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Warning, you will get a lot of misleading answers because Western Europeans tend to be extremely thin-skinned and insecure when it comes to living standards vis-a-vis the US. The reality however is that America is simply a richer country, and in this case has a much more developed financial sector. It is the same reason why Poland pays better than Thailand with the disparity widening even more for IT salaries.
Socialist cuck liberal countries with high migration tend to do that
This usually happens in cucked liberal socialist high migration countries.
thanks for commenting twice
It’s like NBA vs WNBA.
You bring in more revenues, you get higher salaries.
I joined the training in 2019 with first year IB analyst from every country and learned that the base salary for London was even lower than Taipei back then…
EUROPOORs vs American CHADS
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