Annual salaries range from £33,204 to £69,624. Below is the full range of pay both before and after tax:
| Lowest | Average | Upper | |
|---|---|---|---|
| Pre-tax | £33,204 (£2,767 p/mth) |
£48,816 (£4,068 p/mth) |
£69,624 (£5,802 p/mth) |
| Pre-tax Income Percentile | 71st | 87th | 94th |
| Post-tax | £26,112 (£2,176 p/mth) |
£36,732 (£3,061 p/mth) |
£48,912 (£4,076 p/mth) |
| Post-tax Income Percentile | 64th | 82nd | 92nd |
| Percentage Tax Deduction | 21% | 25% | 30% |
To become a senior partner in an investment bank, you need leadership skills, experience, knowledge and foresight. The main role of this position is to advise and process the money of others. Therefore, the wrong decision is highly responsible, as it affects not only the senior partner but also his bank and his customers.
Compare the average salary of a senior associate - investment banking to your salary:
Below are the range of mortgages typically affordable for a single applicant senior associate - investment banking:
| Lowest | Average | Upper | |
|---|---|---|---|
| average gross salary | £33,209 | £48,821 | £69,619 |
| max mortgage | £149,441 | £219,695 | £313,286 |
| deposit paid | £16,605 | £24,411 | £34,810 |
| max purchase price | £166,046 | £244,106 | £348,096 |
| mortgage repayment p.mth (2.5%|25yr) | £678 | £997 | £1,421 |