Eastdil London - Comps / Hours / Culture

Straightforward questions ahead of interviews (London - Associate - Multi Housing).

Goal is to see if it's even worth going to the interview given current remuneration and working hours.

Would be awesome to get an idea for the below:

Comps:
An: Base / Bonus / any other incentive?

As: Base / Bonus / any other incentive?

Vp: Base / Bonus / any other incentive?

Working hours (Average):

Monday/Friday: Start 8 - Leave 7/8/9/10/11/12?

Weekend: How common? Office?

Culture:

Any information?

Additional:

My profile is buy-side Residential (Dev & Acq) at small shops, I've never worked at the company level (m&a), surprised they're interested by my profile, maybe they could be interested by someone with strong modeling skills at the asset / portfolio level (also speaker of the additional language they're looking for)? 

Thanks all

13 Comments
 

Based on the most helpful WSO content, here is the information available:

Compensation:

  • Analyst (An):

    • Base: Not specified
    • Bonus: Not specified
    • Other incentives: Not specified
  • Associate (As):

    • Base: Not specified
    • Bonus: Not specified
    • Other incentives: Not specified
  • Vice President (Vp):

    • Base: £175k (staying flat into VP3)
    • Bonus: £205k (split 85/15 cash / deferred over 3 years)
    • Carry allocation: c. £1m (pays out roughly £50k per year over 5 years and the rest back-ended)

Working Hours (Average):

  • Monday to Friday:

    • Start: 8:30 AM
    • Leave: 8 or 9 PM (usually the last one in the office)
    • Note: Hours can be longer when deals are closing, shorter when the pipeline is thin.
  • Weekend:

    • How common: Not specified
    • Office: Not specified

Culture:

  • General Culture:
    • Not specified in detail, but based on other threads, the culture can vary widely from fratty to conservative, depending on the firm and team.

Additional Information:

  • Profile Suitability:
    • Your background in buy-side Residential (Development & Acquisition) at small shops, along with strong modeling skills at the asset/portfolio level and proficiency in an additional language, could be attractive to them. This might explain their interest in your profile despite your lack of direct M&A experience.

For more specific details, you might want to check out the full threads on WSO or reach out to current or former employees for firsthand insights.

Sources: MBB Analyst comp/hours ?, Ask about working hours during interview?, Bonus Season - Comps, London Private Credit Compensation 2022, Comp/Culture/Hours etc at Tier 2 Consulting Firms?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Agree on the other comment. 

With the exception of the corporate advisory team, what Eastdil does is basically asset level brokerage (glorified brokerage, with intense workload and above market salary - but still brokerage). If this interests you it's definitely a great place.

I once worked with the ES London multi housing team for a sale process (which was aborted quite in an early stage) and honestly they didn't look like the smartest guys in the room. Their job wasn't honestly that better from - let's say - Savills. Prefer not to expand as we're on the internet.

Their template models were super sexy tho, not gonna lie. 

 

Agree on the other comment. 

With the exception of the corporate advisory team, what Eastdil does is basically asset level brokerage (glorified brokerage, with intense workload and above market salary - but still brokerage). If this interests you it's definitely a great place.

I once worked with the ES London multi housing team for a sale process (which was aborted quite in an early stage) and honestly they didn't look like the smartest guys in the room. Their job wasn't honestly that better from - let's say - Savills. Prefer not to expand as we're on the internet.

Their template models were super sexy tho, not gonna lie. 

SLH? 

 

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