Finance

Banking is the Place to Be in the UK

While it is no secret that working in London’s financial hub will most probably reward you with a lucrative wage packet, the salary comparison website Emolument has recently listed the best- and worst-paid jobs in the UK’s finance sector. Accordingly, professionals in the M&A or trading business earn the highest salaries and bonuses, totalling £308,000 and £295,000 respectively. That means investment banks still pay the most, despite regulatory bonus cuts in the wake of the financial crisis.

Earning a mere half or even third of M&A bankers, rating agencies or middle & back office workers tend to land the worst salaries and bonuses in the finance industry. Nevertheless, it still places them among the UK 's top 2% earners.

Description

This graphic illustrates the five best and worst paying jobs in the finance sector by salary and bonus (in £).

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Best paying banks in London as of 2015, by average salary and average bonus (in GBP)
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Annual salary of specialists working in investment banking in London (UK) as of January 2018, by years of post-qualification experience (in 1,000 GBP)
Median annual compensation packages (salary&bonus) for risk management professionals in financial sector investment banking in London (UK) as of November 2014, by department and position level (in GBP)
Banking and capital markets salaries variance in the United Kingdom (UK) in 2015, by selected city
Average change between original salary and new salary offer for financial field professionals securing new roles on the City of London (UK) job market from 1st quarter 2017 to 4th quarter 2022
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Financial and professional services employment in London in 2015, by sector

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