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> I've laughed in potential employers' faces when they said they expect 50 to 60 hour weeks from their hires. Quant finance companies expect employees to work
by chronsk830 4y ago
> I've laughed in potential employers' faces when they said they expect 50 to 60 hour weeks from their hires.
Quant finance companies expect employees to work 60-80 hours per week.
But then again, they pay 400-500K USD to 22 year old new grads.
- readonlybarbie 4y agoAttention any quant firms-- I'll do it for 250k, 80 hours a week, 24/7 on call, fire me if I don't deliver satisfactory results. 10 years of experience in Cpp, Java, Javascript, Python, SQL, the last 5 of which as a lead (aka designing the data model and optimizing slow parts of the code base through better ds and algo implementations). Only catch is I won't show up physically in NY or Philly or Chicago, etc.
- heavyset_go 4y agoThese were startups who were not making up for the long hours with financial compensation. They just felt that they were entitled to cheap labor that doesn't value their time.
- tikhonj 4y agoCan't speak for most firms, but I interned at Jane Street and this definitely wasn't the case: almost everyone there worked 45 hours/week with a consistent schedule (market hours + a small buffer). It makes sense: they value people doing high-quality work and avoiding mistakes. Everybody there was also clearly very productive—it was one of my first experiences that convinced me that long hours are actively counterproductive. I understand other firms in the space (like Citadel) have pretty different cultures, so it's not going to be true for the entire field.
- puffoflogic 4y ago9 hr/day is not quality work. Quality work is 6 hr/day max.