4 ms·
Disagree, banks do not pay software devs a lot. Tends to be average or slightly above average. But nowhere near tech company salaries. Bankers see powerful sta
by jbob2000 6y ago
Disagree, banks do not pay software devs a lot. Tends to be average or slightly above average. But nowhere near tech company salaries.
Bankers see powerful staff as risks, they much prefer having subpar staff that are guarded by rigorous process and management, as that is viewed as less risky. A single staff member who knows a lot and controls a lot of systems means they have dangerous leverage over the business.
Tech companies don’t view labour as a risk, they are part of the product.
- nicoburns 6y agoI wasn't talking about banks paying tech workers a lot. I was talking about banks paying bankers a lot. There are plenty of bankers of various sorts making $500k+ salaries.
- jldugger 6y agoSounds more like investment banking vs retail banking?
- kgwgk 6y agoHe meant bankers get paid a lot.
- deleted 6y ago[deleted]
- bidirectional 6y agoDepends entirely on the bank. Retail banking pay is about average, investment banking pay is generally slightly under FAANG but still relatively high.