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FOR IMMEDIATE RELEASE
NOTE: if using the data below, it is essential that you refer to Emolument.com as ‘salary-benchmarking site’ and use hyperlinks.
UEFA EURO 2016 FINALS
France vs Investment Bankers: 1-1
Despite the pressure involved in playing for one's national team, footballers are generously compensated. After last night's game ushering France through to the finals, how about sizing up the players versus corporate professionals? Game on!
Emolument.com has analysed 1,077 investment banking, technology and consulting salaries to compare with those of football players. Investment Banking Managing Directors are fierce opponents to the Euro champions.
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FRANCE
(victory)
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GERMANY
(eliminated in the semi)
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Reward per player
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£250,000
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£84,000
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TECHNOLOGY FIRMS
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Technology Developer earnings
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£33,064
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£43,644
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How many Technology Developers to match a player’s earnings?
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8
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2
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CONSULTING FIRMS
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Advisory Consultant (3-5 years' experience) earnings
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£43,396
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£59,350
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How many Advisory Consultants to match a player’s earnings?
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6
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1
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INVESTMENT BANKING
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Managing Director earnings
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£264,512
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£357,504
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How many Investment Banking Managing Directors to match a player’s earnings?
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1
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0.23
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Image 1 & Table 1. Based on 1,077 entries in investment banking, technology and consulting firms in Germany and France - 2015/6 data. All earnings = total compensation (salary + bonus).
Football players versus Technology Developers: red card! Technology developers in France makes 1/8 of a EURO player earnigs in a single tournament.
Football players versus Advisory Consultants: yellow card! A victorious French player on the field earns six times more than an advisory consultant in France. This doesn't even take into account potential sponsorship deal.
Football players versus Investment Bankers: draw! A managing director in investment banking earns as much as a victorious French player, with less chances of being injured.
What about Germany and the semi-finals? Germany was eliminated in the semi-finals, with players earning £84,000 for the Euro, equivalent to the annual compensation of two technology developers or one consultant – and less than one investment banking managing director in Germany.
Stick and carrot. Germans are more incentivised to win the semi-finals than the French, with a 2 to 1 ratio: £83,700 for the German players versus £175,000 for the French. The gap reflects past championship results, with three Euro victories to their credit.
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FRANCE
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GERMANY
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Team manager
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Didier Deschamps
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Joachim Löw
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Team manager earnings
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£1,700,000
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£2,700,000
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Managing Director in Investment Banking
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£264,512
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£357,504
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How many Senior Managing Directors to match a team manager’s earnings?
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6
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8
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Image 2 & Table 2. Based on 145 entries in investment banking in Germany and France - 2015/6 data. All earnings = total compensation (salary + bonus). .
Overtime: Team managers vs Investment Bankers. Joachim Löw, the German team manager, earns approximately eight times more than a senior investment banking managing director.
Alice Leguay, Co-Founder & COO at Emolument.com said: 'While an investment banking managing director might earn as much as a victorious football player, he is unlikely to be cheered by an entire nation on top of an open double-decker bus. Quite the opposite. With the current negative public perception of senior bankers, they would probably trade some of their pay to bask in glory, if only for a day.'
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