Millennium Management NYC offer evaluation?

BlackRock fuckFANG
Oct 9 23 Comments

I received an offer from Mellinium Management for a software engineer role in a risk analytics team.
I was told the maximum they could do was $170K base plus bonus which would give me a TC of $220K.

TC - 160k
YOE - 12+ in backend Java development in FinTech

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TOP 23 Comments
  • Citadel Securities / Eng bluetiger
    Seems low but still an improvement over what you’re making now
    Oct 9 1
    • BlackRock fuckFANG
      OP
      Yes well before 2018 in NYC there was a bias of offering lower numbers to people who made low numbers .... even tho wage gap still exists .... at least now I can bargain based on my expectations and not what I make ...
      Oct 9
  • Goldman Sachs rentisgood
    Go and then look for fang immediately. You are seriously overdue for some bump in comp. At this comp level, you will be making the same as some 3-5 yoe who does Excel spreadsheets and plays poker with the portfolio manager on Thursday nights.
    Oct 9 0
  • Barclays PLC xu4vr
    One of my friend joined at 320k TC... Negotiate...
    Oct 9 4
    • BlackRock fuckFANG
      OP
      How ? They said base caps at 200k ... and bonus is around 30-35% ...
      Oct 9
    • Barclays PLC xu4vr
      Yes, base caps at 200 but in this person's case rest was bonus...
      Oct 9
    • BlackRock fuckFANG
      OP
      Are they on the tech side ?
      Oct 9
    • Barclays PLC xu4vr
      Yes
      Oct 9
  • I was offered around 220K TC for a engineering-Esque role (almost same numbers as yours) a year and a half ago. Great people, I’d try to shoot for 250k if possible at the least. Good luck!
    Oct 9 4
    • BlackRock fuckFANG
      OP
      Thanks ... did they say what title ?
      Oct 9
    • I’m not too sure. I think it was just Software Engineer. It was under the corporate tech team.
      Oct 9
    • BlackRock fuckFANG
      OP
      Got it ... may I ask your YOE ?
      Oct 9
    • Back then around 4.5
      Oct 9
  • New xzYN53
    Millennium is a known gulag, that comp and role is shitty, but I guess it looks good on a resume and you’re a “backend Java dev” so ..
    Oct 11 3
    • BlackRock fuckFANG
      OP
      And what exactly do you mean by “you’re a “backend java developer” so ...” ?
      Oct 12
    • New xzYN53
      Rightly or wrongly it’s kinda looked down on. So a prestige bump wouldn’t hurt
      Oct 13
    • BlackRock fuckFANG
      OP
      Lol ok ... didn’t know we had an upstairs/ downstairs in tech lol
      Oct 13
  • Prudential -asdf-
    Agree with all the comments here. HFs will typically give you 20-30% more that your current comp. Did you tell the recruiter your current TC?
    Oct 10 3
    • BlackRock fuckFANG
      OP
      Nope I didn’t tell them my current TC
      Oct 10
    • Prudential -asdf-
      Some suggestions:
      1. Get competing offers. HFs will play the bidding game.
      2. Accept Millennium since it's easily better than what you currently have. Switch again in 2 years. That should put you in the 300-350k range.
      3. Ask for a sign on bonus.
      Oct 10
    • BlackRock fuckFANG
      OP
      I have a verbal offer from Microsoft they too are paying the the 230-240 ball park .... None is going over 250 let alone 350 ....
      Oct 10
  • Lyft VeUe76
    Curious but why is your username fuckFaNg? Did you get rejected?
    Oct 9 1
    • BlackRock fuckFANG
      OP
      Just like that ... tried a few usernames that came to my mind and only this one was available lol ... no agenda ...
      Oct 9

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