4 ms·

Not only is it a native recruitment piece, but it's telling that they didn't talk about total compensation.

by vostok 9y ago

lordnacho 9y ago
I would think it's pretty good. I get recruiters calling me all the time, a lot of them are quoting £150-200k total comp. That's for a guy with over a decade's experience in financial coding. By contrast on StackOverflow the salaries that you can see tend to be much lower for the non-finance things.
- vostok 9y ago
  It's not surprising that it's higher than the average job on stackoverlfow. That's about what I would expect. I'm not saying it's horrible, but it's not exactly higher than top paying tech companies.
  - lordnacho 9y ago
    Any idea what the tech firms pay in London? I don't have many data points for them.
    - nvarsj 9y ago
      I'd say the typical for a senior engineer is around 70, ranging up to about 100 or so depending on expertise/company. Going to lead/architect you're looking around 80-120 total comp (there's a huge range...). Finance will pay much better like you said, 150-200, but the tech will be pretty bad. People making over 150 out of finance are generally contracting or working for a US company.
- dogruck 9y ago
  The trading-coding positions they’re referring to in that article have total comps that can be far greater than 200k pounds.
  - lordnacho 9y ago
    I'd put it like this, the bulk of positions are around what I quoted. That's for senior people who aren't managing large teams, just run-of-the-mill squaddies. There's also a few jobs where the pay is unlimited. Typically you need a track record but you'll also get a cut of the profits. And then there's management, which is another level as well.
    - dogruck 9y ago
      Yeah, I think that’s accurate. I made the remark primarily because the article discusses career trajectory as one of the motivations for emphasizing the combination of “traders who code.” In essence, they’re advertising that your pay won’t get capped out at the level of “a very good programmer.” Instead, the cap will the higher number of “a very good trader.”
- deleted 9y ago
  [deleted]

Not only is it a native recruitment piece, but it's telling that they didn't talk about total compensation.

by vostok 9y ago

Not only is it a native recruitment piece, but it's telling that they didn't talk about total compensation.

I would think it's pretty good. I get recruiters calling me all the time, a lot of them are quoting £150-200k total comp. That's for a guy with over a decade's experience in financial coding. By contrast on StackOverflow the salaries that you can see tend to be much lower for the non-finance things.

vostok 9y ago
It's not surprising that it's higher than the average job on stackoverlfow. That's about what I would expect. I'm not saying it's horrible, but it's not exactly higher than top paying tech companies.
- lordnacho 9y ago
  Any idea what the tech firms pay in London? I don't have many data points for them.
  - nvarsj 9y ago
    I'd say the typical for a senior engineer is around 70, ranging up to about 100 or so depending on expertise/company. Going to lead/architect you're looking around 80-120 total comp (there's a huge range...). Finance will pay much better like you said, 150-200, but the tech will be pretty bad. People making over 150 out of finance are generally contracting or working for a US company.
dogruck 9y ago
The trading-coding positions they’re referring to in that article have total comps that can be far greater than 200k pounds.
- lordnacho 9y ago
  I'd put it like this, the bulk of positions are around what I quoted. That's for senior people who aren't managing large teams, just run-of-the-mill squaddies. There's also a few jobs where the pay is unlimited. Typically you need a track record but you'll also get a cut of the profits. And then there's management, which is another level as well.
  - dogruck 9y ago
    Yeah, I think that’s accurate. I made the remark primarily because the article discusses career trajectory as one of the motivations for emphasizing the combination of “traders who code.” In essence, they’re advertising that your pay won’t get capped out at the level of “a very good programmer.” Instead, the cap will the higher number of “a very good trader.”
deleted 9y ago
[deleted]