Rothschild London Compensation?
Hi, can anyone provide any information onLondon? Every forum I find online says they pay below market standard and have low bonuses? The forums also mention there is a "Rothschild discount" i.e. they pay less because of the prestigious brand, is this true?
I spoke to a friend who worked there and left in 2017 to join another EB. I asked her about pay and she also told me it lower than market standard she said associates made around £80k base and £60k bonus which soundsat an EB. But this was 2017 so quite outdated, wondering if there have been any improvements since then?
E.g. I work at a MM IB in London and my first year associate comp was £90,000 base plus £130,000 bonus and this wasn't even our top bucket. I was in the "met expectations" category so I assume the "above expectations" category got more, maybe like £140k if I was to guess. So hearing Rothschild pay associates £80k base with £60k bonuses sounds shockingly bad?