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What is the payscale between the both vs type of work A hoodie-wearer at FB or Apple probably out-earns the majority of suit-wearers at Goldman - it is definit
by gaius 9y ago
What is the payscale between the both vs type of work
A hoodie-wearer at FB or Apple probably out-earns the majority of suit-wearers at Goldman - it is definitely not about money, just about attitude.
- user5994461 9y ago>>> A hoodie-wearer at FB or Apple probably out-earns the majority of suit-wearers at Goldman - it is definitely not about money, just about attitude. Sorry but it's highly unlikely.
- ska 9y agoTrue. There is a broader point that holds though, average tech salaries are above or equal to some careers that assume daily suits, even if NYC investment banking isn't one of them. I think it's mostly tribal signalling, " I am not a suit" kind of thing. Although never having to deal with dry cleaning is an incentive, too.
- throwu383 9y agoAs a current Goldman Strat I can confirm that the hoodie-wearer is certainly out earning the majority. Only the traders are paid well, everyone else is on a less than competitive wage based on an illusion of how it "used to be". Historically (10+ years ago) the total compensation was accounted for by a big bonus but these days it is non existent. Almost every VP I know in NYC/LDN makes less than a fresh grad at Google in the bay area.