5 ms·
Out of curiosity what do you define as being paid well? What country and region or state and what’s the compensation? I had a recruiter try to lure me for a $1
by tracer4201 5y ago
Out of curiosity what do you define as being paid well? What country and region or state and what’s the compensation?
I had a recruiter try to lure me for a $130K “senior” role on the east coast in the US. I earn several times that.
- JMTQp8lwXL 5y agoI was recently contacted about a "principal" role at $125k. I did not proceed.
- JAlexoid 5y agoNYC senior engineers typically earn $150k-$250k in salary. Unless you want to be a lifeless drone for a HFT fund. But then living expenses aren't that high in NYC, compared to Bay area.
- tracer4201 5y agoPersonally, I’d happily accept being a lifeless drone, at least for a few years. Save the extra income and invest it. Reap the dividends. Having said that, I don’t know how bad those roles actually are. Obviously, it’s not worth it if it affects your mental health… and unfortunately yeah, that is an issue working in this field.
- JAlexoid 5y agoNope. You don't. The difference between both taxes and the "next in line" isn't large enough. Hedge funds pay as much as Google/Facebook, but work and life balance at SV companies is much better. Compare my two offers from a few years ago - well known hedge fund in CT vs a food delivery tech company. Well known hedge fund paid $250k+50k bonus for expected minimum 50hour weeks and 20 days of vacation time. Food delivery company offered $170k+200k in stock over 4 years for 6 hour work days in a relaxed environment and unlimited PTO. It's at the point that it's not worth the money. Sure it's about $3k extra monthly income.... and if you're not burdened with student debt, it's not a game changer.
- anonymous_HFT 5y agomaybe try going to actual top firms: JS, HRT $400k new grad TC, Free food, 40 hour work weeks, great company culture (many events) Facebook this year had many intern events trying to convince people that FB > Quant, evidently the brain drain is there
- hackerfromthefu 5y agoI'm considering making the next move in my career, can you expand on the top firms and by full name so I can find them? Much appreciated :)
- gstipi 5y agoI assume they were referring to Jane Street and Hudson River Trading - wishing you every success with your next career move!
- hackerfromthefu 5y agoThank you!
- top_kekeroni_m8 5y agoI am guessing JS is Jane Street and HRT is Hudson River Trading.
- JAlexoid 5y agoThey are the minority with a VERY small staff, compared to most others. (Also HRT engineers work a lot, not leasurely 40 hours per week) Pointing to extreme outliers is not giving your opinion much credence. Because I can point to some people who work in crypto, that earn $600k+ without breaking a sweat - in Singapore with Singaporean taxes(which blows HRT salaries with US taxes out of the water)