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This is fairly coming financial technology except less base and more bonus. I've seen plenty of $500-800k base with 4x bonus (and more especially if you are clo
by jnordwick 9y ago
This is fairly coming financial technology except less base and more bonus. I've seen plenty of $500-800k base with 4x bonus (and more especially if you are close to the money or on the front desk).
I think it is very healthy. It creates tiers in the profession because some developers are that much better. Being good glueing together frameworks isn't going to command that salary.
- tehlike 9y agoYou mean quant? Or what exactly you mean with 500-800k base and 4x bonus?
- soVeryTired 9y agoSorry, where? In the UK at least, you're talking about the top couple of dozen in any of the major investment banks. Only a couple of hundred in any given bank make more than a million total comp. https://news.efinancialcareers.com/uk-en/159654/everything-you-need-to-know-about-the-structure-and-level-of-salaries-and-bonuses-at-goldman-sachs-jpmorgan-citigroup-and-merrill-lynch-international/ https://news.efinancialcareers.com/uk-en/159654/everything-y...
- jnordwick 9y agoNYC and Chicago mostly. I'm talking about those who are exceptional producers and director level and above and including all forms of compensation including guaranteed bonus minimum and a percentage of pnl at a trading firm.
- popopobobobo 9y agoWow, I don't see these kind of developers walking around. I see managers in finance do this sometimes though. But definitely not plenty. You must be living in some paradise.
- jnordwick 9y agoSorry I didn't mean to make those numbers sound common. They are debuggers the exceptional end and either director or above or getting a percent of pnl and a trading firm. With just the people I know about i can probably list over a dozen easily dev or dev leads at $1000000+ last year.