Base. £85,000–£115,000, benchmarked against strategy-consulting equivalents at equivalent seniority in the London market. Reviewed annually and on promotion.
Performance. Annual bonus paid in cash, targeted at 20–35 % of base, assessed against engagement outcomes rather than hours. A retention instrument accrues in parallel and is described in full in the offer letter; it is denominated in a unit the firm will name on request.
Equity. Not offered at this level. Partnership track is open after five years of continuous service and one attested engagement closure.
Working pattern. Four days on engagement, one day on firm research. The research day is protected, and is never rescheduled to accommodate client demand.
Travel. Required for roughly 20 % of engagement weeks. Arranged by the firm. The analyst is never the first to arrive at a client site and never the last to leave.
Benefits. Private healthcare, pension above statutory minimums, sabbatical at the five-year mark (structured to survive the engagement it interrupts), and an unrestricted annual reading allowance. Access to the firm's private reading room on Floorplate L0 is by appointment and subject to the standing facility schedule.
Holiday. Twenty-eight days plus the firm's observed calendar, which overlaps with but does not exactly coincide with the standard one.