[123212321]

This isnt really true. Banks dont pay anywhere near tech salaries. Its all lip service.

The flow of good engineers is always banks -> tech companies and never tech companies -> banks.

[vonmoltke]

They don't pay anywhere near top tier tech salaries. They are competitive below that (the Oracle/Cisco/IBM level).

[xaybey]

I make significantly more at GS than I did at google. The difference is that the majority of my compensation comes from the yearly bonus - a quirk in finance.

[123212321]

As a regular engineer? Or is there a math heavy component?

My understanding is that I could get about 200k base at goldman and maybe a 20% bonus, this is for working in a high in demand field. Google/FB/Other job I can get 300k+ while working less hours, paid for lunch, better treatment, more respect.

[arenaninja]

Interesting. I work for a direct GS competitor and compensation is nowhere near FANG level, not even with bonus accounted for

[joshuamorton]

This would imply you're at the Director level or above at GS. I expect you were L5 or less at Google, so this would make sense, but I'd expect Director at a big bank to be equivalent to an L6+ role at a Google or FB, or am I totally off base somewhere. (that is, you aren't really expected to make director)

[ionforce]

I think it depends on the company. From my personal experience it's something like

crappy software company << bank << startup

So depending where you are in the software world, you can still be making a ton of coin at a bank.

[vincentv]

Sometimes in the early stage of their careers people make mistakes (including myself) to move from tech company to a bank. Never doing this mistake again. I've never seen so much legacy code, poor engineering decision and code standards in my career so far. Of course this could be limited experience to my department, but given the comments here it feels like this is a standard situation across the "tech" in the financial world.

[samfisher83]

The salaries are good if you are banker.