[tjsnyder]

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.

[tsotha]

Wall 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]

Yep. 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]

borring? 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.

[juhygtfghjk]

In silicon valley you don't have to go and fetch coffee for traders.

[hugh3]

Are quants really expected to fetch coffee for traders?

[beoba]

You also don't have to leave your ethics behind when coming into the office.

[j_baker]

Eh... 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]

Yeah, not saying they don't exist, but good luck finding them.