Which is a better, more stable, bank for a Software Developer with 2 years of experience between GS and JP Morgan? I have been told that GS has bad WLB. Have no clue of JP Morgan Chase. A step by step comparison would be much appreciated! Pointers I am looking to compare, - salary range that these companies offer - expected number of work hours - free food? - PTOs? - market reputation - any layoff trend? - expectations from an SDE in a financial firm Hopefully experts can throw some light! Thanks! Target location: NY
I would say stay at “New”
Sorry didn’t get. What is “new”?
Look to the left of your username
I have been realizing my Chase cards aren't valuable at all. Goldman Sachs cheated 1MDB.
I think GS is more prestigious
Both suck ! All banks suck !
At both, expectations are that you need to be productive... you can be laid off or fired if the business changes direction or economy shrinks... and as far as pay, you’ll be paid average if you’re an average performer, or very well if you’re a top performer. Hope this helps!
Both are shitty. Dont let anyone fool you
- salary range that these companies offer: Just base salary, bonuses are purely discretionary so no guarantees on amount - expected number of work hours: Depends on the team - if you're working with traders you'll need to be there for market hours plus before and after, so at least 8-4 - free food? Probably not, maybe at quarterly town halls & similar. - PTOs? Actually the one place we're very good - I have ~36 days of PTO - market reputation - depends on consumer vs. investment banking - any layoff trend? More likely to fire contractors - harder to fire full-times. - expectations from an SDE in a financial firm? you're sort of the business's slaveboy, so it can suck at times.
Thanks for that! Any idea of GS vs JPMORGAN ? Which has better culture?
Recently accepted an offer from JPMC, and I'd say that it depends hell a lot on the team. If you're working in the back office, you're gonna be underpaid and the culture is too laid back. I am joining the Algorithmic trading team and the TC is as good as Jump Trading or Citadel. A lot of people joining from Google, FB etc. because of the 'newness' of this team and the challenges faced by the devs and quants. TC: 210K Location: NY
What could the compensation be for ml engineer at jpmc?
can I DM you please?
Both gonna be shitty. Rather go to quants/hedge. Banks usually are in the low range of TC unless you are in senior management/IB etc