Early results for quant pay survey, Quant Developers across America

[DominiConnor]

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

 

[pandyajwalin]

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.

 

[pandyajwalin]

Also surprising that California is above Chicago!!

 

[drtictac]

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?

 

[euroazn]

Also surprising that California is above Chicago!!

The survey is for quant *developers* so it's not that surprising.

Also, @DominiConnor, the first "16" should be a "160"

 

[dstefan]

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?

 

[Tsotne]

The survey is for quant *developers* so it's not that surprising.

Also, @DominiConnor, the first "16" should be a "160"

Exactly. For developers it'd be more surprising is Chicago was above.

 

[Barny]

Wow, so being a quant developer is better paid than being a quant? Interesting..

 

[DominiConnor]

No, being a quant is on average better paid.

 

[Ohad]

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?

Bump for a more detailed breakdown , experience/education/etc :D