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This is a bit depressing. In 2010 I retired from full-time post as Investment Bank, front office senior dev on £100K with 30-50% bonus, 20 years experience. C++
by frowaway_lon 10y ago
This is a bit depressing. In 2010 I retired from full-time post as Investment Bank, front office senior dev on £100K with 30-50% bonus, 20 years experience. C++, Java, Sybase, finance tech and domain knowledge, and colleagues in hot areas were getting way more than that. My impression that rates are dropping seems to be confirmed.
- matthewmacleod 10y agoThose developers I know who work in similar industries to the one you describe are taking broadly similar salaries; I suspect the bias here is away from those kind of position.
- thrwaynow 10y agotoday you can still get £100k+ as a senior developer in a bank for doing c++, java, with or without domain knowledge, but bonus is likely to be a lot less, more like 15-30%, of course exceptions apply
- strongai 10y agoPure curiosity - is this for an 8 hour day? or 10? or more? Just wondering what the downsides are to working for a bank.
- atemerev 10y agoIf you have chaotic alignment, you'll like it. 12-hour workdays mixed with occasional periods of having nothing to do at all, no specs, no working process (or, alternatively, multiple failing attempts to go full SCRUM), hacks upon hacks upon hacks in systems processing billions per day, on-site urgent calls at 2AM, having to double as devops, internal tech support and psychotherapist... On the upside: money and lots of interesting technologies and shiny things in the zoo.
- thrwaynow 10y agoeveryone's experience is different, but usually the pain is not from long hours, but from bureaucracy, old technology and some hostile colleagues.
- strongai 10y agoIt's the hostility that would kill me.
- throwawoo 10y agoGood Stack (international)