Banking Salaries & Bonuses: The eFinancialCareers 2025 financial services compensation report
It’s not only about the money, but when you work in financial services, the money is very important. Bonuses across the industry rose in the year '24-25. Total compensation (salaries plus bonuses) rose too, but there were big variations by sector and location.
The eFinancialCareers ’24 - ’25 financial services salary and bonus report is downloadable here. It’s based on our survey, run in February and March, which asked over 2,500 people working in the industry what they were paid and how hard they worked in terms of hours per week last year.
Respondents worked for major banks including JPMorgan, Goldman Sachs, and Barclays, and ranked from analyst to MD. They were based in major finance hubs, including London, New York, Hong Kong, Singapore, and Dubai.
We asked our respondents about their pay, and how it changed. This is the definitive guide to salaries and bonuses in both banking and the wider financial services sector.
Benchmark your salary and bonus for:
- Investment Banking
- Sales & Trading
- Risk & Compliance
- Technology & Quantitative
- Private Equity
- Hedge Funds
We cover the following financial services centers:
- Asia-Pacific (APAC)
- Europe
- UK & Ireland
- North America
We cover the following banks:
- Bank of America
- Barclays
- BNP Paribas
- Boutiques (incl. Evercore, Moelis, and Lazard)
- Citigroup
- Deutsche Bank
- Goldman Sachs
- HSBC
- JPMorgan
- Morgan Stanley
- NatWest
- Santander
- SocGen
- Standard Chartered
- UBS Group