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Jane Street's Sneaky Retention Tactic
- actinium226 1y agoFairly rare to see The Economist write about programming languages.
- dcminter 1y agoThey're good on tech of course (technology quarterly in particular) but yes, I don't off hand remember them having a programming-language specific article!
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- toomuchtodo 1y agohttps://archive.today/DQ0ku https://archive.today/DQ0ku
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- yeudbfbivkfknr 1y agoI've worked at Jane Street (opinions my own). Ocaml is only part of the retention tactic. The implication that Jane Street locks engineers into only getting experience with Ocaml isn't really true: most engineers there are competent enough to keep another language up to scratch through hobby projects if they wanted to; and somewhere like the mentioned Millennium could still hire someone from Jane Street even with only modest C++ experience (for example) because of their domain understanding, low-latency experience, and general transferable programming skills. It's just true that a lot of the people there genuinely value getting to use a functional language. Also they pay well, the culture is pretty good, and if something goes wrong you can usually just switch teams, so there's really not a big reason to leave.
- lylejantzi3rd 1y agoDo you get raises? Or is the starting salary there so good that it's not a factor?
- sneakerblack 1y agoNot OP and don't work at Jane Street, but I have a friend that does and yes, they do.
- snovymgodym 1y agoAt least OCaml exists outside of the company https://www.efinancialcareers.com/news/2023/04/goldman-sachs-slang-84 https://www.efinancialcareers.com/news/2023/04/goldman-sachs...