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Some developers who were previously making ~$90-$110,000 would take positions to $70 - $90,000 for a large financial conglomerate with "bonus" potential as a carrot. Those bonuses trended towards $20,000 (so, a loss, and working 70 hours a week (on the Operations side of the Dev time, see below)). For a Jr at a hedge fund, you should be aiming for $70,000 minimum, then, provide enough value for a $40,000 bonus (hedge fund'esque). You don't go Around your third-party recruiter, because he is representing you. Could cause problems (am I wrong in this? I've negotiated (upwards typically) salaries at financial / ecomm firms, the companies Expect part of the fee is not dealing with the headache of "back and forth" between a candidate). On the other hand, I've had candidates I don't represent ask advice on negotiations (when they have gone on their own to a firm). Anyway, most of your comp will be in the form of bonus, but, you shouldn't be taking a horrendous (what, $40, $50k) base salary just because you were previously making such. The fact that you are in offer stage means they are Interested. It also depends on the "side" of the business you are on (support (or Operations) vs revenue). If you are building tools for the traders, you are higher value. Cheers! |