FAQs
The average financial services salary in the United Kingdom is £42,529 per year or £21.81 per hour. Entry level positions start at £27,455 per year while most experienced workers make up to £70,000 per year.
Which banks pay the best salary UK? ›
The 10 best paying banks in the UK
- Citigroup. MD salary: £300,000. MD bonus: £326,375.
- Bank of America. MD salary: £275,000. MD bonus: £325,000. ...
- Nomura. MD salary: £300,000. MD bonus: £260,000. ...
- HSBC. MD salary: £255,080. MD bonus: £282,500. MD total: £537,580. ...
- Jefferies. MD salary: £252,000. MD bonus: £221,000. MD total: £473,000. ...
What is the salary in the banking sector in the UK? ›
The average salary for Banker is £60,638 per year in the London. The average additional cash compensation for a Banker in the London is £14,712, with a range from £4,460 - £48,530.
How much do bankers get paid in the UK? ›
The average salary for Banker is £42,767 per year in the United Kingdom. The average additional cash compensation for a Banker in the United Kingdom is £7,068, with a range from £2,098 - £23,815.
What is the top 5 salary in the UK? ›
The top 5% earn £7,251 per month or more. That's shockingly only £87,012 per year. Anyone making a six-figure salary is in the top 5%.
What is the acceptable salary in the UK? ›
In 2023, we have calculated that a single person needs to earn £29,500 to have an acceptable standard of living, up from £25,000 in 2022. A couple with two children need to earn £50,000, compared to £44,500 in 2022.
What is the number 1 paying job in the UK? ›
Chief Executive Officer (CEO), Chief Financial Officer (CFO) and senior-level roles are the jobs with the highest salary in UK, according to the official data provided by SavetheStudent.
Which bank pays highest salary in USA? ›
Goldman Sachs is the highest paying bank overall - $398k in combined salaries and bonuses, on average. Goldman Sachs, which paid average salaries of $200k and average bonuses of $199k for 2023, was the highest paying bank we polled.
Which sector pays highest salary in UK? ›
Technology and finance firms made up the majority of the highest-paying companies in the UK in 2022, according to Glassdoor, the online jobs firm. The top ten companies hand out an average base salary of over £93,000 to staff.
How much do international banking officers make in the UK? ›
The average international officer salary in the United Kingdom is £31,015 per year or £15.91 per hour. Entry level positions start at £27,020 per year while most experienced workers make up to £40,000 per year.
The average salary for Staff Bank is £35,866 per year in the United Kingdom. The average additional cash compensation for a Staff Bank in the United Kingdom is £3,216, with a range from £1,179 - £8,772.
Does Bank of England pay well? ›
The average Bank of England salary ranges from approximately £23,070 per year for Research Assistant to £93,999 per year for Finance Assistant. The average Bank of England daily wage ranges from approximately £102 per day for Intern to £1,050 per day for Committee Member.
Which banks pay the highest salaries UK? ›
1. JPMorgan: £158,000 ($240,000) — JPMorgan takes the crown as the highest-paying bank in Britain. Overall, it may pay the same as UBS and Morgan Stanley, but no bank pays a higher basic salary. Associates take home an average of £93,000 ($141,000) per year, topped up with a £65,000 ($99,000) bonus.
How many hours do bankers work UK? ›
Most people in banking jobs, thankfully, don't work this long. Our most recent compensation report found that average working hours were between 67 hours a week (for M&A) and 41 hours a week (for commodities sales & trading people). Most roles were working less than 50 hours a week.
How much a banker earns in USA? ›
How much does a Banker make? The estimated total pay for a Banker is $84,470 per year, with an average salary of $50,226 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users.
How much does the UK make from financial services? ›
Financial and related professional services contributed £275bn to UK gross value added (GVA) in 2022. Compared with 2021, the industry's GVA rose by 6.8%. Financial services productivity also increased in 2021, rising by 14% year on year.
What is the salary of a finance professional in the UK? ›
The estimated total pay for a Finance is £43,895 per year, with an average salary of £39,370 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is £4,526 per year.
What is a typical financial advisor salary UK? ›
Qualified financial advisers can earn between £30,000 and £45,000. Senior financial advisers working with an average-wealth client base can earn in the region of £60,000. Wealth managers or private client advisers who are based in the wealth division of major retail and private banks can earn more than £100,000.
How much do finance specialists make in the UK? ›
The average finance specialist salary in the United Kingdom is £41,819 per year or £21.45 per hour. Entry level positions start at £31,193 per year while most experienced workers make up to £65,189 per year.