Updated August 22, 2022

Lazard Salary Estimate

$104,731

$50.35 hourly

Entry level Salary
$60,000 yearly

How Much Does Lazard Pay?

Lazard pays an average salary of $104,731 per year, or $50.35 an hour. Lazard pays those in the bottom 10 percent $60,000 a year, and the top 10 percent over $182,000. The department you work in can have an impact on your salary as well. For employees in the business development department, the average yearly salary is $129,194, and employees in the it department earn an average yearly salary of $120,303. Geographic location can impact the pay for employees at Lazard as well. Based on our data, Lazard employees in New York, NY and San Francisco, CA get paid the most.

Highest Paying Jobs At Lazard

While Lazard employees earn an average yearly salary of $104,731, different roles can command different wages. Some of the positions that earn high wages at Lazard include vice president and portfolio manager, director, vice president of information technology, and sales trader. A worker with the title vice president and portfolio manager salary at Lazard can earn an average yearly salary of $181,005. Some of the other roles at Lazard are internship and administrative assistant. A worker with the title internship at Lazard earns an average salary of $39,906 per year.

Highest Paying Jobs At Lazard

RankJob TitleAverage Lazard SalaryHourly Rate
1Vice President And Portfolio Manager$181,005$87.02
2Director$172,830$83.09
3Vice President Of Information Technology$155,626$74.82
4Sales Trader$139,169$66.91
5Web Manager$134,329$64.58
6Equity Trader$133,410$64.14
7Senior Software Engineer$122,669$58.98
8Senior Consultant$116,362$55.94
9Investment Banking Associate$114,932$55.26
10Research Analyst$114,924$55.25
11Information Technology Programmer$114,903$55.24
12Data Modeler$112,497$54.09
13Security Administrator$112,079$53.88
14Sharepoint Developer$103,323$49.67
15Web Developer$99,200$47.69
16Portfolio Accountant$88,641$42.62
17Reporting Specialist$87,990$42.30
18Investment Banking Analyst$85,744$41.22
19Technical Support Specialist$81,528$39.20
20Fund Accountant$77,329$37.18

Highest Paying Lazard Competitor Salaries

Some of the competitors of Lazard are Pacific Investment Management Company LLC, AQR Capital Management, and Neuberger Berman. The wages at Pacific Investment Management Company LLC average higher than the other similar companies, where the median salary is $132,360 per year. Employees at AQR Capital Management earn an average of $121,656 per year, and the employees at Neuberger Berman earn an average salary of $118,561 per year.

Salaries By Lazard Competitors

RankCompany NameZippia ScoreAverage Salary
1Pacific Investment Management Company LLC4.9$132,360
2AQR Capital Management4.7$121,656
3Neuberger Berman4.9$118,561
4Acadian Asset Management4.3$114,478
5Credit Suisse4.9$109,075
6Goldman Sachs4.9$108,830
7Jefferies4.8$106,326
8Morgan Stanley4.9$103,933
9BMO Capital Markets4.7$103,444
10Northern Trust4.9$97,713
11William Blair4.9$95,867
12Houlihan Lokey4.9$94,062
13BNY Mellon4.9$86,819
14Janus Henderson U.S.4.8$85,842
15Legg Mason4.9$84,387
16Citi4.9$75,483
17Mirae Asset Securities4.2$75,219
18Piper Jaffray4.8$73,442
19Raymond James Financial4.7$71,921
20Baird4.8$69,071

Average Pay By State For Lazard

RankStateAverage Lazard SalaryHourly Rate
1New York$115,311$55.44
2California$110,049$52.91
3Massachusetts$108,935$52.37

How Much Does Lazard Pay By Location?

When choosing a place to work, it's important to factor in the cost of living when negotiating a salary. At Lazard, the employees are paid different salaries depending on their location. The city with the highest average salary is New York, NY, where employees earn an average salary of $115,493. In San Francisco, CA, Lazard pays a lower average salary of $114,080.

Salaries By Location At Lazard

RankLocationAverage Lazard SalaryHourly Rate
1New York, NY$115,493$55.53
2San Francisco, CA$114,080$54.85
3Boston, MA$109,115$52.46
4Chicago, IL$98,526$47.37
5Minneapolis, MN$95,874$46.09

Lazard Salaries By Department

Workers at Lazard earn different salaries depending on the department or organizational function that they work in. For example, workers in the business development function earn the highest salaries at Lazard, with average earnings of $129,194. The it organizational function also pays relatively high compared to other departments, where employees earn $120,303. Departments that don't pay as well at Lazard include the administrative and customer service organizational functions, with employees earning $69,040 and $77,990, respectively.

Salaries By Department At Lazard

RankDepartmentAverage Lazard SalaryHourly Rate
1Business Development$129,194$62.11
2IT$120,303$57.84
3Sales$118,462$56.95
4Research & Development$111,286$53.50
5Finance$107,251$51.56
6Engineering$105,459$50.70
7Plant/Manufacturing$93,737$45.07
8Marketing$90,543$43.53
9Art/Design$88,095$42.35
10Accounting$83,942$40.36
11Customer Service$77,991$37.50
12Administrative$69,041$33.19

How Much Does Lazard Pay by Department?

Best Paying Lazard Finance Position Salaries

RankPositionAverage Lazard SalaryHourly Rate
1Vice President And Portfolio Manager$181,005$87.02
2Finance Vice President$145,337$69.87
3Fixed Income Manager$139,823$67.22
4Sales Trader$139,169$66.91
5Equity Trader$133,410$64.14
6Trading Assistant$118,678$57.06
7Senior Consultant$116,362$55.94
8Investment Banking Associate$114,932$55.26
9Equity Research Internship$113,317$54.48
10Finance Analyst$107,313$51.59
11Portfolio Administrator$104,263$50.13
12Reporting Specialist$87,990$42.30
13Investment Banking Analyst$85,744$41.22

Best Paying Lazard Marketing Position Salaries

RankPositionAverage Lazard SalaryHourly Rate
1Business Analyst$94,228$45.30
2Business & Data Analyst$93,646$45.02
3Desktop Publishing Specialist$84,624$40.68
4Marketing Assistant$76,251$36.66
5Marketing Associate$73,608$35.39
6Event Coordinator$61,227$29.44

Best Paying Lazard Administrative Position Salaries

RankPositionAverage Lazard SalaryHourly Rate
1Administrative Manager$111,968$53.83
2Executive Assistant$73,726$35.45
3Office Manager$66,590$32.01
4Legal Secretary$64,433$30.98
5Administrator Secretary$64,430$30.98
6Bookkeeper$63,070$30.32
7Executive Receptionist$49,368$23.73
8Administrative Assistant$40,121$19.29
9Front Desk Receptionist$33,378$16.05
10Student Worker$26,745$12.86

Recently Added Lazard Salaries

JobLocationDate AddedSalary
2023 Fixed Income Summer InternshipNew York, NY04/21/2023$90,000
Solutions EngineerNew York, NY03/30/2023$170,000
2023 Lazard Asset Management Marketing InternshipNew York, NY01/23/2023$85,000
2023 Lazard Asset Management Marketing InternshipNew York, NY01/11/2023$85,000
U.S. 2023 Summer Associate Investment Banking Program MBA Diversity FellowshipNew York, NY01/11/2023$30,000

Frequently Asked Questions About Lazard Salaries

Is The Pay Good At Lazard?

Yes, the pay is good at Lazard. Compared to the industry average of $96,424 per year, the average annual salary at Lazard is $104,731, which is 8.61% higher.

What Is The Starting Pay At Lazard?

The starting pay at Lazard is $60,000 per year, or $28.85 per hour.

How Much Does Lazard Pay Compared To Morgan Stanley?

Lazard pays $104,731 per year on average compared to Morgan Stanley which pays $103,933. That works out to $50.35 per hour at Lazard, compared to $49.97 per hour at Morgan Stanley.

How Much Does Lazard Pay An Hour?

Lazard pays $50.35 an hour, on average.

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Zippia gives an in-depth look into the details of Lazard, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lazard. The employee data is based on information from people who have self-reported their past or current employments at Lazard. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lazard. The data presented on this page does not represent the view of Lazard and its employees or that of Zippia.

Lazard may also be known as or be related to LAZARD GROUP LLC, Lazard, Lazard Group LLC and Lazard Ltd.