It looks like Jane street compensation might be higher for new grads but it tops out around one million dollars. So does Google ultimately pay ICs more than Jane street at higher levels (L8+)? What do you guys think? [Edit 1]: I would like to rephrase my comparison to all FAANG L8+ and not just Google ICs. [Edit 2]: The conclusion is that Jane Street pays more than FAANG at Jr and Sr levels, however, FAANG pays more at principal and higher levels. Although it was said that some SWEs at JS make 4+ million a year (this point is up for debate). TC: 250k
Tech employees at Jane Street and other firms like that (HRT, Citadel, etc) are second class citizens to the finance people that drive the returns of the firm. There's generally a cap on how high you can climb the ladder as a SWE, though the compensation is way higher than FAANG at comparable levels. But it's important to understand how hard it actually is to be L8+ at FAANG. The vast majority of people are incapable of reaching it, and a huge amount of the people that are capable of reaching it will never get the opportunities they need to get promoted at the higher levels.
IMO you’ve *understated* how unlikely getting to L8 is. I’d reframe it like this: the majority of people aren’t capable of getting to L6. Of those that make it, <1% are capable of getting to L7. Of those, <1% are capable of getting to L8. Of those capable, maybe 20% will get the opportunity? Maybe less
So only one in 50k people that get to L6 will get to L8? 🙄 Hiring bar
For pretty much any IC SWE, if you want to make as much money as possible you should move to New York and join Jane street. Google can’t compete with TC. there are other factors to consider in a decision like that. But speaking money, there’s really no debate
For L3-L7 sure. But I’m talking about after L7… Google actually rewards software engineers with higher TC. Just check levels.fyi
What the fuck even is this logic? You seem to be implying you're going to work for the same employer for 40 years and get to L8. The number of folks who achieve L8 that have had one employer had to be less than 1%.
These hedge funds have to pay more because they are otherwise career dead ends for anyone wanting to build a career in tech. You may make more but you will not learn much compared to fang.
Most people on blind only care about tc anyway, so it doesn’t bother them.
If you search in LinkedIn you will find people who joined HFTs from L6+ in FAANG. Even Distinguished Engineer in FAANG. If you know how to own things in a company you will find “interesting” work in most of the places. Actually good engineers never wait for “good” work, they create work. Read how Jeff had started looking into a bug and later created so many important things. So working in HFT is never a dead end.
Yes starting at 7+ tech is comparable and even has an edge. Now add wlb to that
Do Hollywood stars makes more or less than NBA players? What do you guys think? I'm trying to decide what to go for.
Lol I just realized how privileged my post is. But for real, do you know of any SWEs at JS who make 4+ million a year (not counting their investments)?
Female Hollywood stars will make more than NBA players except the player is lebron or curry...
If you want to get to that level of tc you chose the wrong job and industry.
What should I have chosen? I feel like I have a better shot of making a million a year in software than I do becoming a school teacher
Finance.
Sorry to break your bubble but you will never get to L8. Also firms like JS can pay more than a million
That’s not what levels.fyi says. Do you have even one data point to back up your claim?
Lmao you think JS guys making 4m+ are putting it on levels.fyi?