Hi, I've been offered a job from Citadel in the range of 180k base / 110k bonus, guaranteed for the first year, but pro-rated. I'm trying to understand how to value this offer beyond the first year. My recruiter tells me that if I meet expectations and the firm does as well, I'll receive a bonus >= my first year bonus. Does anyone know if this is true? Trying to compare to offers from Google and Amazon in the range of 230-250k TC.
Too much grinding?
A friend got a package with 200K targeted cash bonus from Citadel
With what level/yoe ?
3 yoe
Op, do u mind sharing ur yoe?
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Your recruiter is correct. Your bonus should increase every year (stay constant in a bad year). If you're doing so poorly that you're not worth your last year's bonus, Citadel will likely fire you instead of reducing your bonus. Comp growth is a great motivator. It's unlikely you'll get fired in your first few years, unless you're very incompetent. Source: I was a quant at Citadel.
Why the move from Citadel to fb out of curiosity?
What is the bonus structure for SWE roles? Is it similar?