After long and painful interviews and facing lot of rejection, I finally secure 2 offers. Wells Fargo - TC 165K Wheels Up - TC 200K Can you please help and suggest which one would be better, especially considering current market volatility? I would appreciate if you can add your reason on going for one over other.
I don’t about wheels up but would suggest Wells if you just wanna ride out the recession. You can change later on.
Thanks for reply.
… wheels up Unless it’s a greenfield project. Management rears their idiot heads into engineering decisions and we end up with shit anyways so… meh.
May I ask the reason why.?
I edited giving a reason.
Why worried about layoffs? Are u on visa?
It is human nature. I am a type of person who values mental peace more than $$$.
99.99pc you won’t end up homeless as a software developer. Human beings are biased when they focus on that 0.01 pc. I have faced layoff once and twice got fired on visa with 8 yoe. Each time found another job within 2 month time limit we have. You have nothing to worry about as a citizen.
Avoid tech careers in banking! Or any other legacy industry who’s primarily generating revenue from things other than technology products. Reason why: in banks, you might have security but the work will be full of bloated teams and terrible process. Companies lead by technology based revenue growth will have better-skilled colleagues to mentor you, and better projects. Most importantly, when you are looking at a different organization afterwards, the bank experience will lead to challenges in future opportunities with the tech product teams. Do you want a career in banks? Wells Fargo Do you want a career in tech? Do tech products companies.
Thanks for detail response, much appreciated. I am actually trying to apply for tech companies but feels like I missed the bus in February, when every tech firm was hiring. And now, mostly every big tech firms have hiring freeze.
Which org in Wells Fargo ? Because your job security depends on what business area you are going ? Assuming SE role Are you a lead or Srn ? Generally Wells Fargo is stable for SE they are investing a lot in upskilling of their employees. The tech stack is modern in most of the teams and work with distributed systems. It’s not same as it’s used to before 2020 a lot of things are changing. Company as a mission to make technology similar to these product based tech companies Bank on Tech is there hashtag for social media. They value high performance and give good growth opportunities. In the end everything depends on what org you end up on. What product area your team will work. You stability depends on this.
Thanks for detailed answer. I believe I am for CCIB division. Any insights on that.? For role, I am for Sr role.
Hi which one you end up joining? I am in same boat.
Keeping in mind recession around the corner, I ended up joining Wells.
:(
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May I ask reason.? Is it just TC or any other thing?
Haha.. Thanks for your answer. I am looking for some sort of comparison or solid reason on why wells or wheels. Considering current market volatility I am little worried about wheels. Don’t get me wrong - wheels must be doing great BUT if recession hits, it will impact startups before big banks. (i am daily seeing messages on startup layoffs in US from blind family) May I ask your opinion here.?