Serving the Quantitative Finance Community

 
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minuteman
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Posts: 0
Joined: December 25th, 2011, 2:15 pm

Compensation

March 25th, 2012, 10:26 pm

What is the job market like these days -- I have close to 7 years experience, PhD degree from a top school, was making 500K pre market crash, and now half that....I now work as a trader at an investment bank, and am looking to move...Whats the market like, what kind of offers are firms making, so should I just sit tight where I am...
 
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minuteman
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Posts: 0
Joined: December 25th, 2011, 2:15 pm

Compensation

March 25th, 2012, 10:28 pm

Also interested in finding out if any banks are putting caps on cash bonuses, what kind of stock options are being granted and vesting periods.Whats like on the Quant Side??
 
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katastrofa
Posts: 7929
Joined: August 16th, 2007, 5:36 am
Location: Event Horizon

Compensation

March 25th, 2012, 11:26 pm

QuoteOriginally posted by: minutemanwas making 500K pre market crash, and now half that....[...]Whats the market like, what kind of offers are firms making, so should I just sit tight where I am...You're still doing great, thank your $DEITY and stop whining.
 
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DevonFangs
Posts: 0
Joined: November 9th, 2009, 1:49 pm

Compensation

March 26th, 2012, 7:50 am

7 yrs exp + used to make 500k and you seriously feel like you need advice from a forum about this? I presumed people like you had a network or something.
 
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rmax
Posts: 374
Joined: December 8th, 2005, 9:31 am

Compensation

March 26th, 2012, 10:58 am

500K what currency...? ALL?
 
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SierpinskyJanitor
Posts: 1
Joined: March 29th, 2005, 12:55 pm

Compensation

March 26th, 2012, 11:46 am

Hey minuteman, you could easily squeeze 2MM. That's more or less what i'm making now with a similar comp background.PS: don't forget taking your meds...
 
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tags
Posts: 3601
Joined: February 21st, 2010, 12:58 pm

Re: Compensation

December 19th, 2024, 4:44 pm

Are numbers in this Reddit thread representative or this is BS like so many things on this online platform?