Rayner Personnel Salary Landscape Report 2022/2023 - Manual / Resource - Page 28
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07: FINANCIAL SERVICES
SALARY LANDSCAPE
The financial services industry is one of the largest
and most important sectors of the UK economy,
encompassing a wide range of jobs and roles,
each with varying levels of compensation.
However, here is a general overview of the
current UK financial services salary across
different job categories:
Investment banking: Investment banking is one
of the highest paying sectors in finance in the
UK. Entry-level analysts can expect to earn a
base salary of £50,000 to £60,000, with bonuses
ranging from £30,000 to £60,000 or more.
Associates can earn a base salary of £80,000 to
£100,000, with bonuses ranging from £50,000 to
£150,000 or more.
Asset management: Asset management is another
high-paying sector within financial services in
the UK. Entry-level analysts can expect to earn a
base salary of £40,000 to £50,000, with bonuses
ranging from £10,000 to £30,000 or more. Senior
fund managers can earn a base salary of £150,000
to £250,000, with bonuses ranging from £100,000
to £500,000 or more.
Private equity: Private equity is a high-paying
sector within finance inthe UK, with entry-level
analysts earning a base salary of £60,000 to
£80,000, and bonuses ranging from £20,000 to
£40,000 or more. Senior partners can earn a base
salary of £500,000 or more, with bonuses ranging
from £1 million to £10 million or more.
2022/2023 ANNUAL REPORT
Accounting and finance: Accounting and finance
is a broad sectorwithin financial services, with
salaries varying widely depending on the role and
the level of experience. Entry-level accountants
can expect to earn a base salary of £20,000 to
£30,000, with bonuses ranging from £2,000 to
£10,000 or more. Senior finance directors can earn
a base salary of £150,000 or more, with bonuses
ranging from £50,000 to £150,000 or more.
Insurance: The insurance sector is another
important part of financial services in the UK.
Salaries vary widely depending on the role and
the level of experience. Entry-level insurance
underwriters can expect to earn a base salary of
£20,000 to £30,000, with bonuses ranging from
£2,000 to £10,000 or more. Senior executives
can earn a base salary of £150,000 or more, with
bonuses ranging from £50,000 to £150,000.
INVESTMENT BANKING IS ONE OF
THE HIGHEST PAYING SECTORS
ENTRY-LEVEL ANALYSTS CAN EXPECT
TO EARN A BASE SALARY OF
£50,000 TO £60,000
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