Most of the tech people I know working in finance are very disillusioned.
The common complaint is that regardless of performance, their pay increases and bonuses end up being shit YOY and that the only way to make serious money is to hop from company to company every year.
One friend who builds trading infrastructure has increased his pay from $180k to north of $480k just by doing this and is about to go to his 5th or 6th fund (in roughly as many years). He kills it, ends up getting the token bonus they give tech people, waits out his non-compete and leaves.
They treat tech talent as commodity just as much as anywhere else. The other downsides being you usually can't trade your own account while employed.
Said friend would prefer to start a fund soon rather than keep this up as he'd rather be able to trade.
The common complaint is that regardless of performance, their pay increases and bonuses end up being shit YOY and that the only way to make serious money is to hop from company to company every year.
One friend who builds trading infrastructure has increased his pay from $180k to north of $480k just by doing this and is about to go to his 5th or 6th fund (in roughly as many years). He kills it, ends up getting the token bonus they give tech people, waits out his non-compete and leaves.
They treat tech talent as commodity just as much as anywhere else. The other downsides being you usually can't trade your own account while employed.
Said friend would prefer to start a fund soon rather than keep this up as he'd rather be able to trade.