how underpaid am I?

Schonfeld / Eng brokehobo
Sep 12 19 Comments

TC: 120k
YOE: 2
in NYC

at first job, looking to make switch because i dream of more than 🥜

comments

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TOP 19 Comments
  • Nextdoor / Eng fSMb86
    Not underpaid at all... when I had two years of experience I was making 76k
    Sep 12 3
    • Schonfeld / Eng brokehobo
      OP
      How long ago was it? It’s just so weird. Nowadays new grads are making anywhere from 70k to 130k.
      Sep 12
    • Nextdoor / Eng fSMb86
      This was 8 years ago. I was 18. 27 now. Worked as an engineer through school.
      Sep 12
    • Schonfeld / Eng brokehobo
      OP
      I don’t think it’s fair to compare 2 YOE salaries from 6 years ago when one hasn’t even graduated college to the ridiculous salaries for SWE today
      Sep 12
  • priceline.com / IT top_phodu
    IMHO one should not run for TC for the first 5 yrs of the career.. but focus more on learning and getting into good projects, teams and look for good mentors... Learn the skills of the trade, good TC is a byproduct that will eventually find you.
    Sep 12 1
    • Schonfeld / Eng brokehobo
      OP
      What if I said... I had only one (more like half) of the above?
      Sep 12
  • Sodexo / IT
    @BlindUser

    Sodexo IT

    PRE
    TaskUs, Facebook
    BIO
    Currently in IT/Marketing position. Passion for Media Production & helping others with technology. My Unofficial title is IT Support Specialist. LF opportunity.
    @BlindUsermore
    120k... 😗 Weird flex but okay.

    I don't understand the abbreviations. I don't now what TC stands for. Tech Consultant?
    Sep 12 2
    • Schonfeld / Eng brokehobo
      OP
      Idk maybe I’m not underpaid. TC is total compensation.
      Sep 12
    • Sodexo / IT
      @BlindUser

      Sodexo IT

      PRE
      TaskUs, Facebook
      BIO
      Currently in IT/Marketing position. Passion for Media Production & helping others with technology. My Unofficial title is IT Support Specialist. LF opportunity.
      @BlindUsermore
      Cool, thanks. I'm new here.
      Sep 12
  • Compass LInR08
    Overpaid by $40k based on employer.
    Sep 12 2
    • Schonfeld / Eng brokehobo
      OP
      Either that’s true or everyone with 0-1 YOE on levels.fyi is lying
      Sep 12
    • Compass LInR08
      They’re not lying. They’re embellishing. Totally different. 😂
      Sep 12
  • Goldman Sachs fake engineer
    Wait, you're on Schonfeld's core infra team? The fund itself is doing well do you at least get to invest? I was looking for investment team openings there.

    Not sure how helpful this is, but I think Exoduspoint and Point72 pay better on the core infra side. If you're really great with low latency obviously try HFT.
    Sep 12 6
    • Goldman Sachs fake engineer
      Uh, OP works at Schonfeld, it's a multimanager hedge fund that's killing it.
      Sep 12
    • Schonfeld / Eng brokehobo
      OP
      Yeah the amount of growth in terms of headcount has been ridiculous lately. Although I’ve been unsure whether to continue finance or jump to pure tech. In terms of the projects, TC, WLB, overall satisfaction.
      Sep 12
    • Goldman Sachs fake engineer
      I think if you're in NYC, the correct thing to do is hustle a bit harder and try to get high TC in a quant finance shop. 2 YOE is a little tough but you have domain knowledge that's hopefully worth something. HFT core dev and big hedge fund dev pay has gotten really good in the last few years, because more places are realizing how important good infra is and competing with FANG pay.

      Leave the rest and vest or startup monopoly money grind for SF, this is the city where you have the chance to make high cash comp.
      Sep 12
    • Schonfeld / Eng brokehobo
      OP
      How’s GS? In terms of projects, TC, WLB, and culture?
      Sep 12
    • Goldman Sachs fake engineer
      Highly team dependent on all of them, but experience here is not as transferrable due to all the proprietary BS. 120 is easy to beat but FANG pays the same or better than the best paying teams here so I would say stay away unless you're desperate.
      Sep 12