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This is outdated. Top non quant funds still pay their programmers 400 - 700k. Places like bridgewater, pimco, etc.
by codingslave 7y ago
This is outdated. Top non quant funds still pay their programmers 400 - 700k. Places like bridgewater, pimco, etc.
- gricardo99 7y agoThe comp structure is very different though. Base salary in finance is low compared to tech/silicon valley. most of the typical finance comp comes from yearly bonus, usually cash, but sometimes stock/options with vesting.
- maest 7y agoYes, but the harsh truth is, you are still a 'second class citizen', even if a well paid one. It's really a matter of culture; virtually all places will have a clear delineation between Investment and Technology, with various perks given to Investment people: better visibility into what is going on, access to higher management, general power to influence which projects need work etc. Also, Investment people tend to hang out together. EDIT: Just realised you were maybe not commenting on the 'second class citizen' bit. I'll leave my comment here anyway.
- codingslave 7y agoSo what, if youre paying me 600k a year to write code, I'll accept some abuse. Its why they pay so much