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City of London remuneration lags behind Canary Wharf

A tall office seems to be correlated with a large wallet.


  • Across all levels of seniority, Canary Wharf is the most rewarding city: 9% and 8% total pay gap at Intern and Analyst level respectively, widening out to 21% at Associate level

  • Base salaries are higher in Canary Wharf: by 12% at VP level, 9% for Directors and 4% at Associate and Managing Director level

  • ... as are bonuses! At VP level, bonuses are 25% higher in Canary Wharf, 50% higher at Analyst level, 33% for VPs, and 23% at Director and Associate levels.

It seems that the extra commute into Canary Wharf is worthwhile after all.. and with top investment banks such as Deutsche, BAML and JP Morgan making the move, the gap is likely to widen even further?'



TitleCanary Wharf City of London 
Base SalaryBonusBase SalaryBonus
Student45,000041,0000
Analyst50,00010,00050,0005,000
Associate78,00040,00075,00031,000
VP125,00090,000110,00060,000
Director168,000150,000153,000120,000
MD260,000383,000250,000293,000
the City vs. Canary Wharf

RELATED: Which City Pays its Bankers the Best?

 

Emolument provides bonus and salary statistics based on data submitted directly by professionals like you. It is free, anonymous, and already a trusted tool for thousands of professionals worldwide. Are you paid enough? Click here to find out now.


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