Barclays Analyst & Associate Salary
Complete compensation breakdown for investment banking professionals at Barclays, including base salary, bonuses, and total compensation at every level.
Last updated April 2026 · By the Superday AI editorial team
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$110,000
$195,000 - $235,000
$325,000 - $375,000
Analysis
Barclays first-year analysts earn a $110,000 base plus a $60,000 to $90,000 year-end bonus for total first-year comp of about $195,000 to $235,000 in 2026, trailing the top US bulge brackets by 15-25% on bonuses.
Key facts
- First-year analysts earn a $110,000 base salary plus a year-end bonus of $60,000 to $90,000 and a $10,000 signing bonus.
- Total first-year analyst compensation runs about $195,000 to $235,000 in 2026, rising to $215K-$250K by AN3.
- First-year associates earn $325K-$365K, competitive with Citi and BofA and slightly below Goldman and Morgan Stanley.
- Year-end bonuses run 15-25% below Goldman, Morgan Stanley, and JPMorgan, and 5-10% below BofA and Citi.
- Leveraged finance and credit market analysts tend to see bonuses at the higher end of the range.
Base & Bonus
First-year analysts start at a $110,000 base salary with a year-end bonus of $60,000 to $90,000 and a $10,000 signing bonus. By AN3, total comp reaches $215K to $250K. Leveraged finance and credit market analysts, who drive significant revenue for the firm, tend to see bonuses at the higher end of the range. First-year associates earn $325K to $365K, competitive with Citi and BofA if slightly below Goldman and Morgan Stanley.
How It Compares
Barclays sits below Bank of America and Citi in the bulge bracket hierarchy. Year-end bonuses typically run 15-25% below Goldman, Morgan Stanley, and JPMorgan, and 5-10% below BofA and Citi. These figures represent a meaningful discount to the top-three US bulge brackets, though the gap has narrowed in recent cycles as Barclays has made targeted investments to retain talent in key groups.
Beyond the Paycheck
Barclays' smaller US analyst class means individuals often take on more responsibility earlier, working on deals that would be handled by more senior analysts at larger shops. This accelerated development can translate into stronger PE exit opportunities relative to similarly compensated peers at larger bulge brackets. For candidates evaluating Barclays, the calculus weighs deal responsibility, technical depth in credit products, and transatlantic career optionality alongside the paycheck.
Perks & Mobility
The perks package includes overtime pay, dinner stipends, car service, healthcare, and 401(k) contributions. Barclays' London heritage creates unique perks around international mobility and secondment opportunities between US and UK offices. That transatlantic structure gives analysts exposure to European deal dynamics and a path to move between geographies during their tenure.
Analyst Compensation
First-year analysts at Barclays earn a base salary of $110,000 with a year-end bonus of $60,000 - $90,000, bringing total first-year compensation to approximately $195,000 - $235,000. Second-year analysts earn approximately $200,000 - $235,000 total comp, rising to $220,000 - $260,000 in the third year.
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Analyst 1 | $110,000 | $60,000 - $90,000 | $195,000 - $235,000 |
| Analyst 2 | $125,000 | $75,000 - $110,000 | $200,000 - $235,000 |
| Analyst 3 | $135,000 | $85,000 - $125,000 | $220,000 - $260,000 |
* Stub bonus of $15,000 - $25,000 may apply for analysts starting mid-year.
Associate Compensation
| Level | Base Salary | Year-End Bonus | Total Comp |
|---|---|---|---|
| Associate 1 | $175,000 | $100,000 - $150,000 | $325,000 - $375,000 |
| Associate 2 | $200,000 | $120,000 - $190,000 | $320,000 - $390,000 |
How Barclays Compares
Barclays sits below Bank of America and Citi in the bulge bracket hierarchy. Bonuses typically run 15-25% below Goldman, Morgan Stanley, and JPMorgan, and 5-10% below BofA and Citi.
Benefits & Perks
Meals & Transportation
Dinner allowance after 7pm, car service available
Barclays Compensation Overview
Barclays offers competitive base salaries matching the bulge bracket but bonuses tend to run 10-20% below American peers like Goldman and JPMorgan. The firm's European roots influence its compensation philosophy, emphasizing sustainable staffing and resource allocation. Barclays has strong sector franchises in energy, healthcare, and financial institutions, where bonuses can reach the higher end of ranges. The bank has invested in technology and process improvements to enhance analyst experience, though deal flow volatility impacts bonus pools more than at larger American banks. Analysts appreciate the firm's collegiate culture and strong training programs. Exit opportunities remain robust, particularly into private equity and corporate development roles.
Frequently Asked Questions
What is the total compensation for a first-year analyst at Barclays?
First-year analysts at Barclays earn a base salary of $110,000 with a year-end bonus of $60,000 - $90,000, bringing total compensation to approximately $195,000 - $235,000.
How do Barclays bonuses compare to other Bulge Bracket banks?
Barclays sits below Bank of America and Citi in the bulge bracket hierarchy. Bonuses typically run 15-25% below Goldman, Morgan Stanley, and JPMorgan, and 5-10% below BofA and Citi.
Does Barclays pay overtime?
Yes, Barclays does pay overtime to eligible analysts, which can meaningfully increase total compensation.
More Barclays Resources
Sources
- Barclays Campus & Early Careers. Barclays (accessed 2026-05-14)
- Johnson Associates - Compensation Reports. Johnson Associates (accessed 2026-05-14)
- Wall Street Bonus Pool to Grow as Bank Revenue Boosted by Rally (2025). Bloomberg (accessed 2026-05-14)