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Average Quantitative Research Analyst Salary in United Kingdom for 2026

A quantitative research analyst in United Kingdom earns about 98,000 GBP a year. That's 41% above the national average of 69,700 GBP.

Pay ranges widely from country to country and from role to role. The lowest reported salaries in United Kingdom sit around 46,400 GBP a year, while the very top stretches to 153,700 GBP. Everything on this page is in British pound (GBP, symbol £), which lets you compare numbers like-for-like without worrying about exchange rates.

The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in United Kingdom, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.

To turn a gross salary in United Kingdom into a take-home figure, use our United Kingdom salary after tax calculator, which works the latest tax brackets and contributions through the math for you.

How much does a quantitative research analyst make in United Kingdom?

Average salary
98,000 GBP
8,166 GBP per month
Lowest reported
46,400 GBP
3,866 GBP per month
Highest reported
153,700 GBP
12,808 GBP per month

A typical quantitative research analyst working in United Kingdom brings home around 8,166 GBP a month before tax. Entry-level pay starts near 46,400 GBP, and the top of the ladder reaches roughly 153,700 GBP for the most experienced and specialised people in the role.

The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior quantitative research analyst working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around. For a cross-country comparison, see the quantitative research analyst salary in Guernsey or Jersey, both of which pay in the same currency.

How quantitative research analyst pay ranges in United Kingdom

A good way to think about salary in United Kingdom is to look at the distribution rather than the headline average. Half of all quantitative research analysts in United Kingdom earn less than 107,300 GBP a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".

Looking at the quartiles fills in the picture. A quarter of earners take home less than 67,300 GBP (the 25th percentile), and a quarter clear 142,100 GBP (the 75th percentile). The middle 50% of quantitative research analysts sit somewhere inside that band, which is where the typical reader of this page probably lives.

The very lowest reported salaries sit around 46,400 GBP. The highest stretch to 153,700 GBP, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.

46,400
Low
107,300
Median
153,700
High
67,300
25th
142,100
75th
The middle 50% sit between the 25th and 75th percentile Tails are the lowest and highest reported All figures in GBP

Quantitative research analyst pay by experience in United Kingdom

Years of experience is the single biggest lever on pay for a quantitative research analyst in United Kingdom, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical quantitative research analyst salary changes as you move through the career ladder.

  • 0-2 Years
    49,300 GBP
  • 2-5 Years
    +42% from previous
    70,100 GBP
  • 5-10 Years
    +44% from previous
    100,700 GBP
  • 10-15 Years
    +24% from previous
    124,500 GBP
  • 15-20 Years
    +8% from previous
    134,100 GBP
  • 20+ Years
    +9% from previous
    146,700 GBP

The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 44%. That is the point at which a quantitative research analyst typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.

Quantitative research analyst pay by education in United Kingdom

Education sits alongside experience as one of the biggest factors driving quantitative research analyst pay in United Kingdom. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.

Below is the average quantitative research analyst salary in United Kingdom broken down by the highest level of education a worker has completed.

  • Bachelor's Degree
    59,000 GBP
  • Master's Degree
    +54% from previous
    90,900 GBP
  • PhD
    +68% from previous
    152,900 GBP

Quantitative research analyst gender pay gap in United Kingdom

The gender pay gap is a stubborn feature of almost every labour market, and United Kingdom is no exception. Male quantitative research analysts in United Kingdom earn an average of 99,700 GBP a year, while female quantitative research analysts earn around 94,400 GBP. That works out to a 6% gap in favour of men, even when comparing people doing the same work.

A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.

Quantitative Research Analyst gender pay gap

5%

Men earn this much more than women on average in United Kingdom.

Men 99,700 GBP
Women 94,400 GBP

Pay raises for a quantitative research analyst in United Kingdom

Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.

A typical worker doing this role in United Kingdom sees a raise of about 13% every 15 months, which works out to roughly 10% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.

Across all jobs in United Kingdom, the national average raise is around 9% every 15 months.

By industry

Industries with the highest pay raises in United Kingdom:

  • Banking
  • Energy
  • Information Technology
  • Healthcare
  • Travel
  • Construction
  • Education

By experience level

Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.

  • Junior Level
    3% - 5%
  • Mid-Career
  • Senior Level
  • Top Management

Quantitative research analyst bonus rates in United Kingdom

Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.

62%

62% of quantitative research analysts in United Kingdom reported a bonus of some kind in the past twelve months. That makes a quantitative research analyst a moderate-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.

Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 2% to 7% of base salary. The remaining 38% of quantitative research analysts reported no bonus at all over the same period.

Which careers pay bonuses in United Kingdom

Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.

  • Finance
  • Architecture
  • Sales
  • Business Development
  • Marketing / Advertising
  • Information Technology
  • Healthcare
  • Insurance
  • Customer Service
  • Human Resources
  • Construction
  • Transport
  • Hospitality

Quantitative research analyst: public vs private sector pay

Public-sector pay in United Kingdom is about 7% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.

Public vs private pay gap

6%

Public-sector workers earn this much more than private-sector workers in United Kingdom on average.

Public sector 72,700 GBP
Private sector 68,200 GBP

Quantitative research analyst salary by city and region in United Kingdom

Quantitative research analyst pay is not even across United Kingdom. The chart below shows the highest-paying cities and regions in the dataset, followed by the full location table.

  • England
  • Scotland
  • Glasgow
  • Manchester
  • Sheffield
  • London
  • Edinburgh
  • Kingston upon Hull
  • Coventry
  • Birmingham
LocationTypeAverageMedianRange
EnglandRegion191,100 GBP206,300 GBP90,600-307,400 GBP
ScotlandRegion148,300 GBP158,700 GBP66,200-233,600 GBP
GlasgowCity121,800 GBP128,400 GBP54,900-192,600 GBP
ManchesterCity119,700 GBP130,500 GBP54,100-191,500 GBP
SheffieldCity118,900 GBP130,500 GBP55,700-187,500 GBP
LondonCity118,900 GBP127,600 GBP55,700-189,800 GBP
EdinburghCity114,900 GBP124,500 GBP53,600-180,500 GBP
Kingston upon HullCity114,900 GBP124,500 GBP53,600-182,400 GBP
CoventryCity114,600 GBP123,000 GBP51,300-177,200 GBP
BirminghamCity114,600 GBP123,000 GBP51,300-180,500 GBP
SomersetCity114,300 GBP127,700 GBP53,600-184,700 GBP
BristolCity112,700 GBP121,800 GBP52,000-177,100 GBP
LeedsCity112,700 GBP121,800 GBP53,300-177,200 GBP
LeicesterCity112,700 GBP121,800 GBP53,300-177,200 GBP
LiverpoolCity112,700 GBP121,800 GBP53,300-177,200 GBP
BrightonCity112,700 GBP121,800 GBP52,000-177,100 GBP
BradfordCity111,700 GBP119,700 GBP49,300-175,100 GBP
PortsmouthCity109,700 GBP115,600 GBP51,500-172,100 GBP
CardiffCity109,700 GBP117,100 GBP49,800-172,100 GBP
AberdeenCity109,000 GBP115,600 GBP48,300-172,300 GBP
BelfastCity109,000 GBP115,600 GBP50,300-172,300 GBP
NewcastleCity107,700 GBP114,300 GBP50,800-171,300 GBP
PeterboroughCity107,700 GBP116,400 GBP47,400-169,700 GBP
NottinghamCity105,800 GBP114,900 GBP47,200-166,600 GBP
LincolnCity105,800 GBP114,600 GBP46,700-166,600 GBP
SwanseaCity105,200 GBP112,700 GBP49,400-163,800 GBP
SouthamptonCity105,200 GBP112,700 GBP49,400-163,800 GBP
NorwichCity103,600 GBP108,200 GBP48,200-161,300 GBP
OxfordCity103,600 GBP108,200 GBP46,200-161,300 GBP
ExeterCity103,600 GBP108,200 GBP47,800-164,100 GBP
YorkCity102,700 GBP112,700 GBP49,000-163,800 GBP
PlymouthCity102,700 GBP111,700 GBP45,600-163,500 GBP
NewportCity102,700 GBP111,700 GBP45,300-164,100 GBP
DerbyCity102,700 GBP111,700 GBP45,800-164,100 GBP
WolverhamptonCity102,700 GBP111,700 GBP45,300-164,100 GBP
StirlingCity100,700 GBP108,200 GBP48,600-160,600 GBP
DerryCity100,700 GBP109,700 GBP45,000-160,700 GBP
PooleCity100,700 GBP109,700 GBP46,000-160,700 GBP
DundeeCity100,200 GBP107,300 GBP44,200-156,200 GBP
ArmaghCity98,700 GBP107,300 GBP45,700-157,600 GBP
NewryCity98,000 GBP107,300 GBP46,400-153,700 GBP
CambridgeCity97,900 GBP109,000 GBP45,600-158,900 GBP
HartlepoolCity97,600 GBP105,200 GBP42,700-152,900 GBP
CanterburyCity97,400 GBP105,800 GBP45,000-152,700 GBP
WinchesterCity96,600 GBP105,200 GBP45,000-152,900 GBP
ChesterCity95,300 GBP100,700 GBP44,800-150,100 GBP
SalisburyCity95,100 GBP103,600 GBP44,900-151,800 GBP
BangorCity95,000 GBP100,700 GBP44,800-150,100 GBP
DurhamCity94,800 GBP100,700 GBP45,000-150,100 GBP
WalesRegion94,300 GBP99,700 GBP41,500-146,900 GBP
GloucesterCity93,600 GBP103,600 GBP44,300-151,800 GBP
LisburnCity93,100 GBP100,200 GBP40,600-146,700 GBP
TruroCity92,900 GBP100,700 GBP43,500-146,900 GBP
KirkwallCity92,000 GBP99,100 GBP42,500-142,300 GBP
AbingdonCity91,700 GBP99,600 GBP41,400-146,700 GBP
St DavidsCity91,600 GBP100,900 GBP44,300-148,300 GBP
Northern IrelandRegion91,000 GBP96,400 GBP40,700-142,300 GBP
WakefieldCity90,600 GBP97,300 GBP43,200-146,700 GBP
InvernessCity88,700 GBP99,100 GBP40,300-142,300 GBP
StromnessCity88,600 GBP94,900 GBP41,100-140,700 GBP
StrontianCity88,300 GBP98,100 GBP40,200-140,200 GBP
WellsCity87,900 GBP94,000 GBP38,900-142,100 GBP
RiponCity87,600 GBP95,100 GBP39,500-141,000 GBP

Quantitative Research Analyst in United Kingdom: FAQs

  • How much does a quantitative research analyst make per month in United Kingdom?

    A quantitative research analyst in United Kingdom earns about 8,166 GBP a month before tax, based on an annual average of 98,000 GBP.

  • What's the salary range for a quantitative research analyst in United Kingdom?

    Entry-level quantitative research analysts in United Kingdom start near 46,400 GBP. Top-end pay reaches around 153,700 GBP. The middle 50% of earners sit between 67,300 and 142,100 GBP.

  • Is the median quantitative research analyst salary in United Kingdom higher or lower than the average?

    The median is 107,300 GBP, higher than the average of 98,000 GBP. Half of quantitative research analysts in United Kingdom earn below the median, half earn above it.

  • What's the gender pay gap for quantitative research analysts in United Kingdom?

    Men working as a quantitative research analyst in United Kingdom earn around 6% more than women on average (99,700 vs 94,400 GBP a year).

  • Do quantitative research analysts in United Kingdom get bonuses?

    About 62% of quantitative research analysts in United Kingdom reported a bonus in the past 12 months. Reported bonuses ranged from 2% to 7% of base salary.

  • Do quantitative research analysts earn more in the public or private sector in United Kingdom?

    In United Kingdom, the public sector pays a quantitative research analyst about 7% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.

  • How often do quantitative research analysts in United Kingdom get a pay raise?

    A quantitative research analyst in United Kingdom sees a raise of around 13% every 15 months, equivalent to roughly 10% a year.