Trading Floor Salary and Bonuses: The Real Story
Working as a trader in an investment bank isn't what it used to be.
- Total compensation has decreased substantially over the last 3 years: MDs were down 7.3% in 2013, and again -38% in 2014
- Base salary flat-down: Between 2012 and 2013 base salary remained flat, but 2014 for MDs has seen them decrease by 12%
- 2 difficult years for senior bankers: Bonuses were down 66% between 2012 and 2014
- Junior Levels, bonus disappears: Analyst are down to zero bonus for 2014, and Associates have seen their own bonuses decrease from GBP24,000 to GBP15,000
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