Wait a second, am I missing out right now? I have an opportunity at Jane Street, but I haven't been exposed to any of the other small name firms. Where do I look to find the higher paying jobs?
If you're early in your career, then you should probably just take the Jane St opportunity. They are very well respected and it looks very good on your resume.
If you're later in your career, you should have enough contacts and know enough people to get in the door at a small firm. If you don't know their name, you'll have a hard time getting in. These kinds of places don't post job openings on indeed. You kind of have to know someone.
One of the first things you might notice in some of the job ads for those firms: instead of "Compensation: competitive salary, 0.0x% equity," you'll start seeing phrases like "extremely high compensation." Then you'll start really feeling like you're not in Kansas.
In this vein, the tech industry screws its employees as far as their share of revenue-per-employee goes. Apple makes 10x per employee what Jane St. does, and I doubt the small firms achieve the difference.
the joke goes that finance firms are employee run co-ops. And for the most part it's true: you end up keeping quite a high percentage of the money you earn for the firm. Profits are paid out to everyone, not just a few at the top.
smabie|5 years ago
If you're later in your career, you should have enough contacts and know enough people to get in the door at a small firm. If you don't know their name, you'll have a hard time getting in. These kinds of places don't post job openings on indeed. You kind of have to know someone.
rhizome|5 years ago
In this vein, the tech industry screws its employees as far as their share of revenue-per-employee goes. Apple makes 10x per employee what Jane St. does, and I doubt the small firms achieve the difference.
smabie|5 years ago
Tinyyy|5 years ago
srtjstjsj|5 years ago
kyawzazaw|5 years ago