Hi everyone, I feel like there hasn't been much talk about this lately but it deserves more attention. London bankers / finance people in general - how much are you tipping your landlord? It's been a tough year for everyone and with rising rates the situation isn't easy on the landlords either. As a landlord myself, I understand the struggle
I'm currently paying c. £2k in rent, was thinking of 10% during the next month. What are your thoughts?
| +27 | How do we get as sharp as possible? | 11 | 18h |
| +18 | Q&A | Analyst | 8 | 4d |
| +15 | Upselling yourself when you’re unqualified | 2 | 1d |
| +14 | Best way to kill time? | 13 | 11h |
| +13 | How Are Cornell 7 / GC Members Affecting Your Bank or Firm? | 5 | 2d |
| +9 | Alcoholism | 1 | 10h |
| 0 | Analyst Y1 - Messed up In First Week | 2 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
What is wrong with you?
Bro takes the satire "grind mentality" Instagram pages as facts 💀
I’m tipping 15% this year plus letting him keep the deposit. I think that’s what’s standard now, don’t want to come off as cheap…
That’s a MM tip if I’ve ever seen one. As a top rated analyst 1.5 (started 6 months early) at a top BB (think GS/MS) and living in top bucket area (think Mayfair/Kensington), I’m tipping 30% on adjusted rent (think media/council tax). Is 15% the standard in Croydon?
I'd much rather tip 15% to my landlord than to a fucking broker who shows up 15 minutes late and shows you around the apartment for 5 minutes... somehow the latter is the norm in NYC
It's a tough market and landlords need every bit of help they can get. 10% sounds on the low end but passable. I'd look closer to 15% or 20%, especially if they've been chasing consistently for payments - that kind of frequent client interaction is really where Michelin service is born.
I'm all in for supporting the cause. Right after I've finished calculating my grocery store cashier's quarterly dividends and setting up a pension plan for my barista
I have no problem giving her plenty of tip
Bro if you have any excess money you should be tipping your MD, not your landlord. Don't be an ungrateful prick - your MD is out there pulling deals for the firm and mentoring you while your landlord just, collects money? Get your priorities straight bro. You're down bad if your tipping your landlord over your MD
It must be a US thing, but why on earth would you tip your MD? "Here's $100 boss, spend it wisely" to a guy earning a ton of money. Understand buying a gift, but tipping just sounds plain wrong...
Bro it's no different from tipping a waiter/ bartender or doorman after their great service. If a waiter has given you great service and has been super respectful and nice, wouldn't you wanna give them a tip for their hard work? Same for your MD. They've pulled in so many deals for the firm, have likely had a say in your recruitment, and have mentored you giving you a great start in the industry - wouldn't you wanna tip them?
I see it as way more reasonable than tipping the landlord
Blanditiis commodi dolorem distinctio consequuntur dolor dolor porro. Maiores ut velit eaque accusamus. Consequatur quo totam illum molestiae voluptatem. Possimus accusantium eligendi molestiae molestiae laudantium. Et sit ad dignissimos soluta corrupti velit amet. Recusandae vel soluta voluptatem corrupti voluptatem et voluptatibus eaque.
Quam nostrum qui laborum at. Neque velit optio maxime maxime necessitatibus. Totam soluta sunt cupiditate placeat sapiente. Quo unde est tempore et. Rerum quisquam omnis nihil eum deserunt enim. Voluptatem aut illum et blanditiis et sapiente illum.
Occaecati et distinctio rerum qui incidunt ducimus rem consequatur. Culpa velit sint pariatur consequatur ut laudantium. Dignissimos et modi placeat modi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...