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 ! 

Comments (3)

WSO Monkey Bot, what's your opinion? Comment below:

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.

normalpeople, what's your opinion? Comment below:

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)

  • Associate 1 in S&T - FI

Praesentium iusto totam et consequatur mollitia quos. Asperiores fugiat fugit in placeat sit eveniet doloribus. Praesentium reprehenderit tempora voluptates alias et dolor qui. Aliquid omnis magni non ipsa numquam voluptatem qui. Maxime velit omnis quis iure minus fuga soluta commodi.

Esse repellendus et eaque nemo repellat harum. Enim nulla qui expedita cumque. Ut officia sed laborum incidunt explicabo quasi aperiam.

Inventore eos qui unde placeat ipsa quam. Sapiente odio ex libero officiis quia. Temporibus eum repellendus repellat dignissimos asperiores repellat.

Vel corrupti consequatur tempore non molestiae possimus. Est maxime earum autem dignissimos. Architecto optio nihil asperiores quis libero vel omnis. Modi atque culpa voluptate est sunt. Et aut modi ex delectus quis est. Quis veniam consequatur enim quod aliquid quae earum sed.

Start Discussion

Career Advancement Opportunities

November 2022 Investment Banking

  • Jefferies & Company (▲08) 99.6%
  • Lincoln International (= =) 99.3%
  • Financial Technology Partners (+ +) 98.9%
  • Evercore (▽01) 98.5%
  • Bank of America Merrill Lynch (▲01) 98.2%

Overall Employee Satisfaction

November 2022 Investment Banking

  • PJT Partners (= =) 99.6%
  • Evercore (▲02) 99.3%
  • Greenhill (▲05) 98.9%
  • Canaccord Genuity (▲15) 98.5%
  • William Blair (= =) 98.1%

Professional Growth Opportunities

November 2022 Investment Banking

  • PwC Corporate Finance (▲14) 99.6%
  • Lincoln International (▲03) 99.3%
  • Jefferies & Company (▲04) 98.9%
  • William Blair (▽02) 98.5%
  • Evercore (▽01) 98.2%

Total Avg Compensation

November 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (219) $256
  • 2nd Year Analyst (139) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (465) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (336) $92