hi, yoe 4+, target tc 2020 is 325k currently at linkedin bay area. exceeds. senior engineer option1: offer from two sig rougly 380k tc NY option2: internal transfer linkedin remain 323k to Ny both will probably reset my lv2-3(E5/6/sde3/staff) progress so im not considering that. i value freefood at linkedin to easily be 25k before tax and two sigma doesnt have free food, so two sigma is really only 30k extra before tax (~15k). as well, two sigma probably has worse WLB, but im also relatively certain two sigma rewards perf more than linkedin and higher performers can jump over tenure. im down to pull the 12 hours if its worth. i just feel i cant catch up to ppl my age (because they started at linkedin as new grad), and im just perpetually in a wait list at linkedin one step behind. im wondering from midterm or long term which would be a better decision? should i ask for more and how much? i heard engineers hit a wall and try to go to google at two sigma after ~senior engineer equivalent because fang starts pay more and has more manager opportunities.
Idk if 2Sigma wlb is bad. I have a friend there, left for Google then came back. Another friend has a kid and he likes wlb there so maybe team-dependent? If you’re not a quant it’s just like any regular tech company
Also DM me if you wanna connect w them
2 sigma in general has the best WLB balance among most top hedge funds. Also, the comp growth would also be much more than what FANG can offer you but might be slightly less than what you can make at other hedge funds. That being said, you can always go back to LNKD if things don’t work out. Two Sigma is much more prestigious IMO than a mass employer like LNKD.
Do you have any data points on the comp growth being greater than FAANG? In my experience and conversations with people who’ve been in both this doesn’t seem to be the case, especially for more senior levels
This is from many friends who quit FANG and now work at 2S. Also, even in OP’s example, his offer at 380k is almost the top end of E5 offer at FB. There is no way he is getting E5 at 4 YoE. For more senior levels, that is true too. Have you seen anything different for E7 and beyond?
FWIW I’ve heard good things about TS and don’t think WLB would be a concern on the right team- you have two great options, best of luck!
What work will you be doing at each? Which do you like more? Actually enjoying the work you do is worth far more than a 10% TC bump.
Both are similar, enterprise backend distributed systems. I have never switched companies due to work or Company or perf itself, always due to personal reasons. I can see myself appreciating and enjoying the domain and tech of both choices.
Two Sigma has shittier tech and shittier managers IMO. Few people in fintech know how to do distributed systems form what I’ve seen. They solve shittier problems in general and have to deal with shittier domain models. In Two Sigma you’re going to also have to deal with shitty monoliths, which you cannot replace because they are virtually a tar ball of undocumented requirements and business logic baked in. To me the food is worth far less, so I would move for the money and the (dubious) prestige. But if food is worth that much to you, just stay at LinkedIn maybe? In Two Sigma you might have trading restrictions to consider as well.
This really depends on the team. Some teams at Linkedin are worse off than some teams at two sigma. Funny thing is one of my first achievements at Linkedin was to break apart a monolith and into event driven micro services and break strong coupling. In fact I’m probability being hired at two sigma to do exactly that. Thanks for the input.
I value food at 1k a month. $30 a day, $10 a meal. That’s after tax, that’s how I got around 24k a year. Adjusting for highest tax bracket cuz I’m hurting that
Both are great options. TS has top tier WLB in most teams so that's likely not an issue. Hitting a ceiling is likely though as TS hires external managers for the large majority of openings.
So, did you end up at Two Sigma?
Ex-linkedin here. If you like your company, don’t leave for a tiny tc bump. Msft stock is killing it! Next year your lnkd tc will be way more than golfman sucks :)
Why move to NYC?
That’s another story hah, just assume I have to
well, hope it’s some great life event 😄