• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

NYC salary transparency law - does quant job salary posting match the market?

cycbill

C++ Certificate
Joined
6/4/22
Messages
40
Points
118
As you know, NYC recently post a salary transparency law requiring employers to post salary range for job posting.
So now if you check the jobs on LinkedIn or company website you will see the base salary range.

Now, quants in NYC: do you think those job posting matching the actual market range?

(I think this discussion will help those new graduates or who want to change jobs to have a better reference for compensation bargain)
 
the base is matching the actual market range, but it's not the best indication of total compensation since sign on and end of year bonuses are a huge part and does not need to be disclosed
 
Even at a new grad level, most if not all the offers I saw on the buy side had bonus + sign on >= base (even sometimes for software engineers)
 
Back
Top