London sales & trading Associate comps

Hi guys,

Hope everyone is keeping well. It’s easy to get info on IBD comps but less so in S&T specifically for London post Analyst level. For my particular case, I work as a Desk Analyst on a credit trading desk (won’t specify if HY corps/IG corps/Fins to avoid giving myself away) at a major bank in London. Started as a grad summer 2019, promoted associate Jan 2022.

Total comp last year was £140k, £60k base + £80k bonus (base was super low pre bumps). Given the recent bumps, what are first year associates being paid across the street now in terms of base + total comp for different roles? My base is still sub £100k which i think is very low so I would expect a generous bonus this year to compensate for that as well as a decent salary bump for next year but I am still trying to get some comps and put this into numbers that make sense (obviously all individual/desk performance related but a couple of data points would help)

Many thanks for your help ! 

3 Comments
 

Hey Associate 1 in S&T - FI, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:

More suggestions...

I hope those threads give you a bit more insight.

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

Interested as well.

Now an associate in prime brokerage/delta one and base is ard £70-80k. Not sure about bonus until next year but I’ve been thinking that I’m below average as well ( compared to those numbers on efinancialcareer articles)

 

Nulla ipsum minima doloribus ut. Aut soluta id sit saepe voluptas.

Maiores nulla modi in. Dolore voluptatem voluptatem omnis sint. Nam distinctio eos ex sit aut aliquam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”