Barclays Increases Base Pay for Analysts
Looks like Analysts in NYK get a bump from 90k to 105k with Analysts in other offices getting a similar raise of ~17% in base pay.
Barclays no longer lowest pay on street?
/Discuss
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Does this only apply to coverage groups or do product groups like structured finance and pubfin get raises as well?
Bump. Those groups are placed in the Markets division, however, are still considered IB. Interesting to see if they would get raises.
Don’t believe those groups are included in this
So +17% base pay in London? (58.5k pounds)
Is this just IB?
Yes
CAW CAW BLUE EAGLE MOTHERFUCKERS
.
YESSSIRSKIIIIII
*Insert erratic 21 ad libs*
S&T also?
bump
Associate and VPs getting a $25k bump as well
Any color on when it’s effective?
7/1
Is this just IBD? Anything for those in S&T or ER?
bump
Markets should get some love at some point here, the gap is getting a bit ridiculous
Imagine wanting more money for working market hours
Considering a lot of those people work pretty hard too. I think some raises should be considered.
Are incoming analysts and associates getting the raise as well?
Curious too
Bump on this? Any incoming analysts heard anything?
105k is same as Rothschild. Brits are on a roll
Think 105 is for second year
Oh. I’d just assumed op meant starting
I thought it was $100k base for analysts?
OP here, LDN Analysts at all levels confirmed +10k base, AVPs +15k base (all GBP). I.e AVP1 would start on GBP 105k base
you wo' a bo'o uh wo'uh bruv
does this include markets too?
Someone said 15K increase across all jurisdictions. What does that mean exactly?
Do yall think this is just a change in structure? less bonus more base? or total raise?
Undetermined at this point. We'll see here shortly if theses raises are coming out of bonuses. I really could see it going either way. But, I think there would be a lot of rumbling if bonuses are cut.
Since when were they lowest on the street? They’re a BB lol I thought GS only paid slightly lower
This just cements what many on this forum have started to realize, which is that Barclays is probably the best BB for junior level experience besides GS/MS/(probably) JPM:
Which verticals exactly?
Consumer, Tech, Power, NatRes. Likely Healthcare, Industrials. Not sure about FIG, CMG. For M&A btw.
Best paying except for jpm, Rothschild, Piper, guggenheim, Baird, hw, and probably more to come lol
Hate to break it to you, but JPM is the only one of those even remotely close to a BB, re-read what I wrote lol
MM intern detected
lol intern moment
If you break down deal volume by product and sector, the numbers look more sober. It's true that capital markets as skyrocketed but m+a has barely moved YoY. There are groups where HALF (yea 50 fucking %) of folks have quit. The salary bump was a direct response to JPM - prior to that, Barclays was late to everything (no COVID bonuses, no meal policies for a year, no guidelines for junior WLB, etc.)
Don't be fooled by this corporate marketing move. This entire bank is about to turn over once the analyst bonuses hit.
Any idea if this is applicable to s&t and research?
bump
Curious on this as well
It isn't.
I came . IB pays so so well
only for US office? or also for Eur/Asia
In mexican pension funds increases were max 5% :(
does this impact current interns at all (85k->105k prorated)?. Heard it's effective July 1...
Nah no shot, maybe for next year
Not all groups within banking. Seems im stuck in a stepchild role where a 10k raise is deemed acceptable........
Was there no raise for DCM?
Not sure about DCM as a whole but my team within dcm only got 10k
DCM Associates only got a 10k raise?
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