Finance Salaries & Culture

Netflix
bob loblaw

Go to company page Netflix

bob loblaw
Apr 5, 2017 14 Comments

I got an offer for a software dev position for a financial firm in SF, with a pretty high total comp. I love my current role at Netflix but the extra money in the new role is too hard to pass on. Just taking a straw poll and opinions on what the genpop here feels about trading life for (more) money. What are some of things that I should keep in mind while making this decision? I am still in my mid 20s and want to stay in tech long term but I feel that taking this gig for at least a few years would be a good and different experience. That being said, I do have concerns over the quality and rigour of work in financial firms, which is making this decision a lot harder. Would love to know your experience if any of you have made this transition.

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TOP 14 Comments
  • Amazon
    .πŸ‘¨β€πŸ’».

    Go to company page Amazon

    .πŸ‘¨β€πŸ’».
    Going from Netflix to a financial firm will be eye opening from an engineering perspective. If you're after more money, take the risk and jump ship. You can always come back to the big tech companies later and who knows, they might even match your new comp.
    Apr 5, 2017 4
    • Netflix
      bob loblaw

      Go to company page Netflix

      bob loblaw
      OP
      That's very helpful. Thank you!
      Apr 5, 2017
    • Microsoft / Eng
      Goodguy

      Go to company page Microsoft Eng

      Goodguy
      Agree know someone working in big financial company and his software they use to make millions of dollars of tx few times in hour and they say that not even one person knows other than him what it does. He even runs some of the scripts from his local machine and account. Which you would not even imagine in big tech companies.
      Apr 5, 2017
  • Google
    qeFV63

    Go to company page Google

    BIO
    Recruiter working on making recruitment actually enjoyable.
    qeFV63
    Many tech companies won't match financial services comp, FYI. We usually tell folks coming from finance (and consulting) that part of the choice you're making is how you value personal time vs money.

    That said, could be a great way to sock away some house-buying money faster than you could otherwise, and see how another culture feels while you're still very early in your career.
    Apr 5, 2017 4
    • Google
      TWtp64

      Go to company page Google

      TWtp64
      Could you elaborate on financial services comp? Currently L4 going into L5 at goog, and the comp listed on glassdoor for RenTech, 2sigma, and Citadel were far lower than my current total comp---especially when accounting for the expected additional hours. What total comp range would you expect for an L5 equivalent at a financial services company?
      Apr 6, 2017
    • @Twtp64, Glassdoor tends to show the really low salaries most of the time, and even then it seems to only include the base pay (no bonuses or equity included).

      If you want to get an accurate salary range for a position you're interested in, them talking to a 3rd party recruiter that you're working through is your best bet
      Apr 6, 2017
  • Google
    TWtp64

    Go to company page Google

    TWtp64
    Out of curiosity, what is your current total comp vs offer?
    Apr 6, 2017 1
  • Mozilla
    Axgy66

    Go to company page Mozilla

    Axgy66
    Seems pretty early in your career to be trading in a job you like for more money. Unless you have an actual need for it or are building towards early retirement or something, it's too soon to compromise.
    Apr 5, 2017 0
  • depends on the finance firm. Some are fairly heavy tech users so they'd still get people poached by tech companies

    For your company, you could ask them if they've had people move from there to other tech companies.
    Apr 5, 2017 0