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Behind a pay wall so we can't read much... The topic says it all though. It's true, Wall Street is on a hiring frenzy right now and they've started to realize
by tjsnyder 16y ago
Behind a pay wall so we can't read much...
The topic says it all though. It's true, Wall Street is on a hiring frenzy right now and they've started to realize how important good talent is.
It means they are going to have to start offering more to get the talent that typically dives off into silicon valley. NYC suits are also a hard sell to the t-shirt style of the west coast and that in itself may be a difficult obstacle.
- juhygtfghjk 16y agoIn silicon valley you don't have to go and fetch coffee for traders.
- beoba 16y agoYou also don't have to leave your ethics behind when coming into the office.
- j_baker 16y agoEh... I don't know that that's necessarily true. Say what you will about financial firms, but it's not like they pay you to club baby seals while startups pay you to care for orphaned bunny rabbits and kittens. There are startups out there that are unethical along with financial firms who have completely legitimate business models that provide unquestionable value for society.
- beoba 16y agoYeah, not saying they don't exist, but good luck finding them.
- hugh3 16y agoAre quants really expected to fetch coffee for traders?
- tsotha 16y agoWall Street has always recognized how important good talent is. That's why they pay executives and fund managers so much. What's new is the realization they need good software talent. I'd never work for a financial firm again. It's just too hard to get up in the morning so I can go into work and make columns of numbers a little bit different from yesterday. Boring as hell.
- hugh3 16y agoYep. Financial firms pay good money for a good reason: they need to get some of the smartest people in the world and pay them to do really boring stuff. Medicine, likewise, pays well for a good reason: they need to get some of the smartest people in the world and pay them to do repetitive and mostly-kinda-yeechy stuff. Academia is where you get some of the smartest people in the world and let them do stuff they actually want to do. This is why it's the only smart-people profession that doesn't pay very well.
- pheon 16y agoborring? really. if your doing middle/back office yeah but front office work is anything but borring. infact out of the 20 years of coding, nothing compares to finance in the interesting/dynamic environment category.