The pay gap is especially surprising at junior Analyst level with a 41% differential, thereafter narrowing down to 8% and 7% at VP and MD levels respectively.
As much as 50% higher in Zurich at Associate level and 27% for top executives, it's more an abyss than a gap. So if you are weighing up the options, Zurich as a junior banker definitely seems the most rewarding bet.
At VP level, bonuses are 50% higher in London and still 36% higher when professionals reach Director level. So while Zurich has a safer and more reliable pay structure, if you trust in your performance, go and find better rewards in London!
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