BB S&T London Comp Progression: Can Anyone Confirm These Numbers?
Hi all, quick question on London S&T comp progression at BBs.
I’ve seen rough ranges like:
Analyst 1: £65-70k
Analyst 2: £70-75k
Analyst 3: £75-85k
Associate 1: £95-105k
For those currently in S&T, do these ranges look accurate across the main BBs?
Also curious how much they vary by desk (macro, equities, credit).
A couple follow-ups I’d really appreciate insight on:
1. Do these numbers change once you start sharing a book or taking on more direct P&L responsibility?
2. How are bonuses typically determined at the analyst and associate levels? (Desk performance vs individual contribution vs firm-wide factors.)
Any updated ranges or personal experience would be super helpful. Thanks in advance.
Based on the most helpful WSO content, here’s a breakdown of London S&T compensation progression at BBs and insights into your follow-up questions:
Compensation Progression:
These ranges align with the general consensus across WSO threads. However, keep in mind that bonuses play a significant role in total compensation, and they can vary widely depending on performance factors.
Follow-Up Insights:
Impact of Sharing a Book or P&L Responsibility:
Bonus Determination Factors:
Desk Variations:
If you're looking for more specific numbers or trends, feel free to ask!
Sources: London S&T Salary progression, https://www.wallstreetoasis.com/forums/compensation-differential-nyclondon?customgpt=1, https://www.wallstreetoasis.com/forum/investment-banking/2017-investment-banking-report-8-key-trends-to-know?customgpt=1
Bump
That seems low, probably base only. I would say this is accurate if we're only counting base, not bonus and sign on, which increase very fast.
Thanks, appreciate it. Yes these figures are just base. Do you have a sense of where total comp usually lands? Trying to get a feel for realistic bonus ranges across desks.
Not in London but seems low to me...
How does comp look at your shop across A1 A3 and early associate? Even rough base + bonus ranges would be really helpful
bump
^
bumpo
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