I’ve seen people talk about how new grads at HRT are making 350k+ and I find that to be crazy. I’ve seen new grad offers from Two Sigma/Jane Street and they are nowhere near.
Is this comp true? And if so what other firms pay this high? Does anyone know what comp is like for someone more senior, like 5-10 years of experience at a place like HRT?
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Pretty sure senior devs/quants at HRT are making 7 figures though I don't know anyone personally, just guessing.
Unless you have some proprietary knowledge gained over time, no company will pay you that kinda dough.
Yes, numbers like 350k TC are possible for new folks, with a 175/175 split between base and bonus.
For more experienced people, 500+ k isn't uncommon, though you base will be lower, think low 200's k.
This noted, the hedgies aren't likely in a happy mood at this moment, so hiring will probably slow for now. Give them time.