Non-tech compensation figures of friends

Amazon WACC
Aug 3, 2018 5 Comments

I recently came across a thread where someone asked about the best paying non-tech jobs. Another poster replied that hedge funds and PE pay the best long-term. I didn't see too many specific numbers in that thread so thought I should provide some data points. I have a lot of good friends who work at the various top financial firms, and I know most of their TC from last year. So below, I'm going to list their respective firms, position, and 2017 TC. Keep in mind that these are the cream of the crop so not at all representative of the "average" finance person. Rather, these figures indicate the potential upside and how much more lucrative it is than tech for those who manage to make it. All of these guys are between 30-35 years old.

Elliott Management, Partner, TC $22 million
Viking Global Investors, Portfolio Manager, TC $15 million
Two Sigma, Portfolio Manager, TC $8 million
KKR private equity, principal, TC $4 million
Jane Street, Senior proprietary trader, TC $3.5 million

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TOP 5 Comments
  • Amazon zxajvcyhwg
    Those values are outliers. They exist in tech, too — startup founders who sold their company for big money, IPO’d or were acquihired.

    Comparing your average Blind FAANG offer to this is apples and oranges.

    I’m willing to bet that P50, P75 and P90 of tech are much better than finance. Finance wins in the highest percentiles only for the most successful individuals. Higher upside potential but lower for the vast majority.
    Aug 3, 2018 2
    • Amazon WACC
      OP
      Yeah but a far higher % of employees at the top financial firms are making 7-figures than in top tech firms.
      Aug 3, 2018
    • Amazon zxajvcyhwg
      We’re not disagreeing... that’s the higher percentiles where finance surpasses tech at the same percentile value.
      Aug 3, 2018
  • This comment was deleted by original commenter.

    • Facebook / Other Oanbroenen
      This. I know a lot of folks in HF and Finance (my old life) and anything above $2M a year is for the top 0.1 percent
      Aug 3, 2018
  • Facebook / Other Oanbroenen
    Also banks are now required to release salaries of people making over $1M in Europe. We are talking about 1000 people total in London according to the latest figures.
    Aug 3, 2018 0