Tech culture vs Finance culture

Amazon
NMJO05

Go to company page Amazon

NMJO05
Aug 12, 2018 9 Comments

I hear SWEs at firms like Goldman Sachs and Delloite feel like that the culture there values bus people more. Does anyone have ecperience at a big5 tech company vs a big finance firm? Looking for TC of average SWE, culture, and promotions mobility.

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TOP 9 Comments
  • McKinsey / Consultant
    HydraM

    Go to company page McKinsey Consultant

    BIO
    I travel for my job & collect points
    HydraM
    Worked at big tech and an investment bank. SWE are second class citizens. Traders and IBankers get more pay, respect, and events than cost center employees. Better to be at tech companies that pay better & have good WLB. Promotions at banks are all about kissing ass
    Aug 12, 2018 4
    • McKinsey / Consultant
      HydraM

      Go to company page McKinsey Consultant

      BIO
      I travel for my job & collect points
      HydraM
      You get to travel on the company’s dime. Lower TC than tech, but the hotels and airline will eclipse tech TC.
      Aug 12, 2018
    • Lazard
      fin/tech

      Go to company page Lazard

      fin/tech
      TC is still better than the vast majority of shitty tech and other nontech companies for SWE
      Aug 13, 2018
  • Citibank / Other
    Tuples

    Go to company page Citibank Other

    BIO
    Helped the world largest financial institutions in the area of regulatory technology, stats, and policy
    Tuples
    If you get a tech role for a business line (espe ideally the lines of business generating highest revenue), it's a lot better because you are pushing the innovation and initiatives that will make more money versus the infra, support, IT compliance tech roles that act more like cost centers as opposed to revenue streams. And because they're so highly regulated you wont always be able to use the hottest or newest tech.
    Aug 12, 2018 1
  • Amazon
    tvhttugdru

    Go to company page Amazon

    tvhttugdru
    1) SWEs are cost, not profit pool. You are second-class citizen.
    2) Regulations: you can’t freely trade. Every transaction needs compliance pre-approval and subject to 30-day holding period
    3) Some groups will treat you as contractors
    4) Infrastructure is from last decade with sick “security “ restrictions. I measured: things which would take me ~40 min in AWS, will take 1 month to get done (like few weeks for firewall ports opening) with few layers of incompetent implementors in process.
    Aug 12, 2018 1