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Early results for quant pay survey, Quant Developers across America

DominiConnor

DominiConnor

Quant Headhunter
Joined
9/6/06
Messages
1,051
Points
93
All figures are in $K and subject to some change as we get more numbers in.

New York
Base Bonus Non-Cash Benefits Total Comp
160, 111, 21, 292

California
Base Bonus Non-Cash Benefits Total Comp
144,74,20, 238

Chicago
Base Bonus Non-Cash Benefits Total Comp
136, 47, 20, 203

Average USA
Base Bonus Non-Cash Benefits Total Comp
142, 79, 18, 240

QDs outside the 3 big centres seem to get less in benefits and Chicago brings the national average down.

If you want to contribute to the pay survey, it's here
 
Interesting! Great work DominiConnor.
I am wondering if these statistics will apply to a fresh MFE grad.Looks like people with a few years work experience might draw such salaries.
 
I didn't know about California being a financial hub; not that I've looked a lot but I almost never saw job offers out of NYC, Chicago, Toronto yet! Do you mind sharing the percentage of people coming from California who answered?
 
Dominic - great to know this, and it is data that is very hard to obtain!

@DominiConnor Is there a comp breakdown based on years of experience?
 
Wow, so being a quant developer is better paid than being a quant? Interesting..
 
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