Permanent Web/Front End Development. Permanent Java Development. Permanent Application Support Salary Trends. 2016 Contr
The Breakdown
Financial Technology 2016 Salary & Rate Report
Contents 3
Infrastructure and Networking 2016 Salary Survey
4
Compliance 2016 Salary Survey
5
Change and Professional Services 2016 Salary Survey
6
Quantitative Trading Salary Trends
7
Permanent Testing Market 2016
8
Permanent C#/.Net Market
9
Permanent Web/Front End Development
10
Permanent Java Development
11
Permanent Application Support Salary Trends
12
2016 Contract Rates for London’s FinTech Market
13
The 2016 FinTech Sales Market
14
Contact Harrington Starr
2
The Breakdown
Infrastructure and Networking 2016 Salary Survey Windows Cloud
Cloud Engineer £65k Cloud Architect £75k - £90k
1st Line up to £30k 2nd Line £35k 2nd/3rd £45k System Engineer £50k - £60k Service Desk Manager up to £50k Desktop Support Manager up to £60k Infrastructure Manager £80k - £100k
Network Engineer Junior up to £40k Middle £50k - £60k Senior £65k - £80k Manager £85k - £90k
Security DevOps
Junior £45k Mid £60k Senior £70k - £90k
Junior £45k Mid 60k Senior up to £85k Info Sec Manager £85k - £100k
Linux
1st Line £35k 2nd Line £40k - £45k Systems Engineer/Systems Admin £55k - £65k Senior Sys Admin £80k - £90k
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
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The Breakdown
Compliance 2016 Salary Survey
AML/KYC Officer or Analyst £35k - £60k Compliance Officer £50k - £70k Senior Compliance £70k - £85k Head of Compliance/ CF Function £90k - £130k Chief Compliance Officer £110k+
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
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The Breakdown
Change and Professional Services 2016 Salary Survey BUY SIDE/ COMMODITIES HOUSE
VENDOR
CONSULTANCY
EXCHANGE/ BROKERAGE
SELL SIDE
business analyst
BUY SIDE/ COMMODITIES HOUSE
VENDOR
CONSULTANCY
EXCHANGE/ BROKERAGE
SELL SIDE
Junior
£55k - £65k
£45k - £55k
•
•
•
Project manager
Junior
£40k - £50k
£40k - £50
•
•
£50k - £65k
Mid
£65k - £75k
£55k - £70k
£60-k - £70k
£65k - £85k
£60k - £80k
Mid
£50k - £75k
£50k - £70
£60k - £75k
£55k - £65k
£65k - £85k
Senior
£75k - £100k
£70k - £100k
£70k - £100k
£85k - £95k
£80k - £100k
Senior/Lead
75k - £95k
£70k - £85
£75k - £90k
£65k - £80k
£85k - £95k
Head
£100k+
•
•
•
£120k+
£80k - £120k
£90k+
£110k+
£100k+
£120k+
15%
10-30%
10-20%
10-25%
10-50%
Head
Bonus
£100k+
•
•
£80k+
£95k+
15%
10-30%
10-20%
10-25%
10-50%
Programme Manager
Bonus
VENDOR
VENDOR implementation Consultant
product manager Mid
£65k - £80k
Junior
£40k - £55k
Senior
£80k - £100k
Mid
£55k - £65k £65k - £90k
Senior Strategic Product Manager/owner
£100k+
Senior/Lead/Manager
Bonus
10-30%
Bonus
VENDOR
VENDOR professional services
Business Area Product Manager Senior
10-30%
Head
£100k - £120k
Senior Strategic Product Manager/owner
£120k+
Bonus
10-30%
Bonus
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
£120k - £170k 10-30%
5
The Breakdown
Quantitative Trading Salary Trends Researchers/Traders with 1-3 years experience Investment Banking £65k - £90k Mid Tier Hedge Fund/Proprietary Trading Firm £70k - £100k Top Tier Hedge Fund/Proprietary Trading Firm £80k - £120k
Masters or PhD Quant straight out of University
Traders generating PnL/Portfolio Managers
Data Science/Vendor Position £40k - £50k
Investment Banking £120k - £200k
Investment Banking Role £60k - £65k
Mid Tier Hedge Fund/Proprietary Trading Firm £80k - £120k
Mid Tier Hedge Fund/Proprietary Trading Firm £55k - £70k
Top Tier Hedge Fund/Proprietary Trading Firm £100k - £150k
Top Tier Hedge Fund/Proprietary Trading Firm £65k - £80k For experience Traders/Portfolio Managers there tends to be a big shift in the proportions of base salary and bonus versus
For anyone with a degree or PhD in a mathematics, scientific or quantitative subject this continue to be a well trodden path to
Investment banks as professionals get more Senior. In a big contrast to earlier in their careers, Investment Banks will start to pay dramatically more on their base salaries versus Hedge Funds/ Proprietary Trading firms who will start to pay more on the bonuses.
head down however the competition is incredibly fierce and the real top roles are very hard to come by. A number of people apply and few are able to secure positions. There is a higher acceptance rate amongst Data Science, Vendor and Investment Banking positions but the work/salary is as lucrative as the buy-side.
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
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The Breakdown
Permanent Testing Market 2016 QA Automation Engineer
Manual Test Analyst
Junior to Mid-Level £35k - £45k
Junior to Mid-Level £25k - £30k
Mid-Level to Senior £45k - £55k
Mid-Level to Senior £30k - £40k
Senior to Lead/Head Of £55k - £65k+
Senior to Lead/Head Of £40k - £50k
Technical Test Analyst/Developer In Test Junior to Mid-Level £50k - £60k
MQA Test Analyst Manual/Automation
Mid-Level to Senior £60k - £70k Senior to Lead/Head Of £75k+
Junior to Mid-Level £30k - £40k Mid-Level to Senior £40k - £50k Senior to Lead/Head Of £50k+
QA/Test Manager Junior to Mid-Level £65k - £75k Mid-Level to Senior £75k - £90k Senior to Lead/Head Of £100k+
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
7
The Breakdown
Permanent C#/.Net Market C# .Net Developer Buy Side/ Commodities House £35k - £50k £45k - £65k £60k - £100k
Exchange/ Brokerage £35k - £55k £45k - £65k £65k - £100k
SQL Developer
Vendor £22k - £33k £40k - £45k £70k - £85k
Sell Side £40k - £45k £50k - £65k £65k - £100k
Junior Mid Senior/Lead
Buy Side/ Commodities House £30k - £40k £45k - £55k £60k - £90k
Vendor £20k - £33k £33k - £45k £45k - £60k
Junior Mid Senior/Lead
Exchange/ Brokerage • £40k - £50k £50k - £70k
Sell Side £40k - £45k £45k - £60k £60k - £80k
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
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START UP’S SPA
ReactJS
The Breakdown
Backbone
Permanent Web/Front End Development
VENDOR
jQuery
HEDGE FUNDS
Redux
Front End Developer
A
Junior £25k - £35k
MEAN Stack Developer
Mid-Level £35k - £55k Senior/Lead £55k - £70k Head of £65k - £80k+
Up to £60k
UX
JavaScript Developer £50k - £65k
MEAN Stack
UI Engineer JavaScript
£40k - £50k
AngularJS
Important to note – these salaries can fluctuate dependent on the technology stack of each individual. At present, Developers who have commercial experience using ReactJS, AngularJS, JavaScript libraries and the MEAN Stack tend to reach the higher figures in these bands.
UI
EXCHANGE
CSS3
INVESTMENT MANAGEMENT MVC
HTML5
Ember
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
Bootstrap
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The Breakdown
HIBERNATE
OBJECT ORIENTATED
Permanent Java Development
Multithreading
Front Office Mid-Level £50k - £75k
TDD
Senior/Lead £75k - £95k Architect £65k - £100k+
J2SE
Vendor Junior £30k - £40k
Exchange/ Brokerage
Mid-Level £50k - £70k
Mid-Level £55k - £65k
Senior/Lead £70k - £85k
Senior/Lead £65k - £80k
Senior with experience outside of finance £50k - £65k
Back Office/ Settlements Junior £30k - £40k
Architect £80k+
Concurrency
Senior with experience outside of finance £45k - £55k
Mid-Level £50k - £75k
AGILE
Senior/Lead £75k - £95k Architect £65k - £100k+ Senior with experience outside of finance £50k - £65k
SPRING
J2EE
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
REST
10
The Breakdown
Permanent Application Support Salary Trends Sell-Side Application Support Analyst Financial vendor Application Support Analyst Junior £40k - £50k
Junior £30k - £35k Mid-Level £35k - £50k Senior £50k - £65k Manager £65k - £95k
Mid-Level £50k - £60k Senior £70k - £80k Manager £80k+
Buy-Side Application Support Analyst Junior £55k - £65k Mid-Level £65k - £75k
Exchange/brokerage Application Support Analyst
Senior £75k - £95k Manager £95k+
Junior £35k - £40k Mid-Level £40k - £55k Senior £55k - £75k Manager £75k+
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
E:
[email protected]
11
The Breakdown
2016 Contract Rates for London’s FinTech Market Buy side average £488 - £623 per day Vendor/Start-up average £404 - £536 per day BUY SIDE
SELL SIDE
VENDORS/ START-UPS
ENERGY TRADING
C#.NET
£500 - £700
£550 - £800
£400 - £500
£550 - £700
C++/Java
£500 - £550
£550 - £900
£400 - £500
£550 - £700
Front End Technologies
£550 - £600
£500 - £750
£350 - £450
£450 - £650
Testing
£450 - £550
£550 - £750
£350 - £500
£500 - £650
App Support
£450 - £650
£400 - £500
£400 - £500
£350 - £500
FIX Consultant
£450 - £550
£500 - £650
£450 - £600
£450 - £550
Infrastructure
£350 - £500
Specialism dependant
£250 - £400
£400 - £500
Networking
£400 - £550
£500 - £600
£250 - £400
£400 - £500
Security
£450 - £600
£500 - £700
£400 - £550
£550 - £650
PM
£550 - £700
£600 - £800
£450 - £600
£600 - £700
BA
£550 - £700
£500 - £700
£400 - £500
£500 - £850
Senior Programme Managers
£600 - £800 £750 - £1,000 £550 - £750
£700 - £900
Risk Consultant
£550 - £650
£600 - £800
£500 – £600
£550 – £750
Commodity BAs
•
£600 - £700
£500 - £650
£500 - £800
Development
support
change
energy trading average £503 - £667 per day T: +0044 203 587 7007
E:
[email protected]
W W W. H A R R I N G T O N S TA R R . C O M
Sell side average £546 - £742 per day
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The Breakdown
The 2016 FinTech Sales Market s o f t w a r e Junior Sales Graduate sales – £25 - £28k
(6-18 months experience)
Sales executive (2-5 years)
–
–
SALARY
SALARY
£28 - £35k
£40 - £70k
OTE
OTE
£35 - £45k
£80 - £120k
£100 - £130k
OTE
£200 - £300K
Senior Sales
Sales Manager
(10 years’ experience)
Managed a team of 10 persons, revenue £40m approx.
OTE
£130 - £180k (uncapped)
£150 - £180k
Senior Sales Exec
Sales Manager
Head of Sales
–
–
–
$75 - $115k
OTE
£180 – £250k
s a l e s Junior Sales – £40 - £60k
£60 - £80k + Bonus
–
OTE
£130 - £150k
£75 - £90k
–
$63 - $85k
OTE
– SALARY
SALARY
(1 – 3 years)
SALARY
£80 - £120k
(15+ years)
SALARY
(0 – 2 years)
$58 - $75k
SALARY
–
Sales Director (management)
Pre Sales –
Sales Exec
SALARY
SALARY
(6-15 years)
(2-6 years’ experience)
Junior Sales
$45 - $55k
Sales Manager
OTE
£70-100k
u s Graduate Sales
Pre-sales – £70 - £90k
n e t w o r k
50% of companies offer a car allowance @ c£5k/year
s a l e s
(3 – 6 years)
SALARY
$80 - $100k OTE
$160 - $200k
SALARY OTE
– SALARY
£90-110k OTE
s a l e s
(6 – 9 years)
(9 – 12 years)
SALARY
SALARY
$100 - $120k
$110 - $150k
OTE
$200 - $240k
W W W . H A R R I N G T O N S TA R R . C O M T: +0044 203 587 7007
–
E:
[email protected]
OTE
$220 - $300k
(12 – 17 years)
– SALARY
$150 - $200k OTE
$300 - $400k
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Harrington Starr. Your Success, Our Business. In 2010 we launched Harrington Starr and over the past five years we have become the Global Leaders in Financial Services and Commodities Technology recruitment, insight, events & consultancy. Delivering high quality opportunities for professionals on a permanent, retained, contract, and interim basis, to over 500 partners within the sector.
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