I started off in the internship program. That itself is mayhem, with the process designed for interns to just schmooze as many people as they can without really learning too much in the process (albeit its a 10 week program so only so much you can learn about trading). I ended up accepting the offer to join full time and it has been an overall average experience. The analyst to AVP program underpays you considerably. So kudos to those that take the offer and leave within 1 yr to get a higher salary elsewhere (where it is really possibly in trading). Overall the bank has no regard for juniors, which is why there is so much turnover. You will not find many from the internship program at Barclays, but they do stay in trading, which shows the bank is unable to retain talent. There is no feedback process for your boss. They have the ability to say whatever they want, without you contesting it. The main reason why I left is because I felt significantly undervalued. I was doing work and making the kind of money my AVP wasn't and he was paid double what I was. Thats just not the right way to treat people, especially a woman trader. So I would say this bank does not particularly support women in trading. I would say this to those interested: join, use the bank for as much as it can give you (1 yr pay), and leverage to do something better. DO NOT stick around. It is not worth it. I had several MDs of different desks that supported me and my work, but were unable to help me get the pay I deserved. So mentorship can only go so far when your immediate director is unfavorable.
Also I worked 12+ hour work days all the time; it went completely unnoticed despite my book absolutely killing it.
Below was my comp. Evidently it is SIGNIFICANTLY below market rate.
1st yr: 85k/yr base with 15k sign on bonus; 10k stub bonus
2nd yr: 90k base with 50k bonus
3rd yr: 95K base with 70k-100K bonus
4th yr: 125k base with 90-120K bonus
