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Former Jane Streeter: yes, finance can pay very well. Of course there’s a lot of variance, but at least when I was there Jane Street made an effort to be the v
by rauljara 5y ago
Former Jane Streeter: yes, finance can pay very well. Of course there’s a lot of variance, but at least when I was there Jane Street made an effort to be the very highest in terms of compensation for interns. The numbers don’t seem off to me. Yes, I understand how ridiculous that is
- noir_lord 5y agoI don't think it is ridiculous if you can afford to and want to pay the absolute top line to get the "best" (best by their metrics not everyone else's - not trying to spark a war). If you are ultra profitable then the difference between paying market rate and top of market rate might be double the salary and that would still be a rounding error on a spreadsheet somewhere. I guess it also depends how sensitive your output is to the quality of the developers, lots of enterprises I've worked for you'd be hard pressed to tell the difference between a competent developer and an excellent developer since the end result is from a distance pretty much the same in that case it would make no sense to pay more than will get you a bunch of competent developers. My impression from the outside is that janestreet does see that value. Some what correlated I love it when companies say "We hire the absolute best developers" and you ask what they pay and market-rate is the answer. JaneStreet remains fascinating to me though because while they do programming and I'm a programmer we are almost different species because of the problems we solve - which makes it interesting to me.
- throwaway6734 5y agowhat's ridiculous about it?