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by ladberg 1131 days ago
FWIW I switched from FAANG to trading last year and got a pretty big comp increase. I was entertaining an offer from another FAANG at the same time and it was still nothing compared to my offers in trading.
1 comments

Wanna share some ballpark numbers? It'll bolster your statement a bit and grounds the claim from others with similar experiences
Won't give my current salary because this isn't anonymous, but my 2021 TC was ~150. Another FAANG offered ~200, and trading firms all offered numbers way higher.
TC should have been over 200 w/ stock unless you're straight out of college.
I graduated in 2020, so not far off!
That makes sense! I was giving early career ranges in Chicago in the mid-2010s (without factoring in bonus). NYC PropTrading salaries are (unsurprisingly) higher.

That said, mid-career (5-7 YoE) tech in the Bay Area at least reaches around $170-250k base with an additional $100-400k in stock+bonus over the 4 year vest.

Factoring in hours worked it seemed more competitive than around $200-300k TC for SWEs at the larger PropTrading firms in Chicago at least.

From my understanding it doubles.