DRW Salaries

68 total salary submissions
Avg. Hours Worked (85%)

The average hours worked chart shows the distribution of average hours worked per week generated based on the Compensation data at this company.

The number you see in the middle of the doughnut pie chart is the adjusted average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each workload given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more data points, the confidence of a "true measure" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

51.7
  • 10-20 Hrs
  • 20-30 Hrs
  • 30-40 Hrs
  • 40-50 Hrs
  • 50-60 Hrs
  • 60-70 Hrs
  • 70-80 Hrs
  • 80-90 Hrs
  • Over 90 Hrs
Relative Compensation (97%)

The Relative Compensation is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company based on relative pay.

The number you see in the middle of the donut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

3.8
  • 1 Star
  • 2 Stars
  • 3 Stars
  • 4 Stars
  • 5 Stars

Average DRW Salary

3.4
Total Median Pay
$130,000
Median Base Pay
$100,000
Median Bonus Pay
$30,000

How much does DRW pay?

Base range:
$70,000 - $170,000

For this salary and bonus range, Low is the 10th Percentile and High is the 90th Percentile. These ranges are from employer specific salaries submitted by WSO members.

Bonus range:
$10,000 - $112,500

DRW pays an average salary of $100,000 per year. This base compensation is the equivalent of $50 per hour assuming a 40 hour work week (2,000 hours per year). The actual average hours worked per week at DRW based on our data is actually 52 hours, which would bring down the true effective hourly rate to $40 on average. If you include the average bonus of $30,000, then the total average pay at DRW would be $130,000 per year or $52 per hour at the 52 hour work week.

There's a wide range between what the company pays the top 20 percent and the bottom 20 percent of earners. This is largely dependent on seniority and location. DRW pays the highest-paid employees over $220,000 a year, while the lowest-paid employees are paid less than $85,000. DRW employees in different groups or divisions tend to have different salaries as well.For example, employees in the Na sector earn an average yearly salary of $235,000.While employees in the Sales And Trading sector earn an average yearly salary of $100,000.

DRW Salaries

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Highest Paying Jobs at DRW

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Trader
Year 2017
Job Title Trader
Group/Division FICC - Fixed Income Currency and Commodities
Location Chicago
Pay Rate/Type
Bonus
Trader
Year 2011
Job Title Trader
Group/Division Derivatives
Location Chicago
Pay Rate/Type
Bonus
Junior Trader
Year 2020
Job Title Junior Trader
Group/Division Generalist
Location Chicago
Pay Rate/Type
Bonus
Trader
Year 2013
Job Title Trader
Group/Division Global Markets
Location Chicago
Pay Rate/Type
Bonus
Quant
Year 2020
Job Title Quant
Group/Division Research
Location Chicago
Pay Rate/Type
Bonus
Trader
Year 2014
Job Title Trader
Group/Division Energy
Location New York
Pay Rate/Type
Bonus
Trader
Year 2015
Job Title Trader
Group/Division Prop Trading
Location Chicago
Pay Rate/Type
Bonus
Trader
Year 2016
Job Title Trader
Group/Division Prop Trading
Location New York
Pay Rate/Type
Bonus
Engineer
Year 2022
Job Title Engineer
Group/Division N/A
Location Chicago
Pay Rate/Type
Bonus
Engineer
Year 2023
Job Title Engineer
Group/Division N/A
Location Chicago
Pay Rate/Type
Bonus

Average Pay by City for DRW

Below we use 68 salary submissions to order the is the total average compensation by city for DRW. Cost of living across the world varies a lot, so this data gives you a sense if there are significant adjustments for higher cost of living. Looking at the WSO data, the city with the highest average salary is Chicago, where employees earn an average salary of $121,500.

Salaries by Location at DRW

Rank
City
Total pay Range
Range of $/hr
Chicago
Rank 1
City Chicago
Total pay Range $80,000 - $165,000
Range of $/hr $40/hr - $83/hr

DRW Salaries by Department

Salaries at DRW depend on the group, division, department or function. Employees who work in the Na group tend to get paid the most at at DRW, earning an average yearly salary of $235,000. Employees in the Quantitative Research receive relatively high salaries as well, where wages average $140,000 per year. A division that does not pay as well at DRW includes the Sales And Trading group, with employees earning $100,000 on average.

Rank
Department
Average Pay
Average Hourly Pay
Na
Rank 1
Department Na
Average Pay $235,000
Average Hourly Pay $118/hr
Quantitative Research
Rank 2
Department Quantitative Research
Average Pay $140,000
Average Hourly Pay $70/hr
Derivatives
Rank 3
Department Derivatives
Average Pay $125,000
Average Hourly Pay $63/hr
Prop Trading
Rank 4
Department Prop Trading
Average Pay $110,000
Average Hourly Pay $55/hr
Sales And Trading
Rank 5
Department Sales And Trading
Average Pay $100,000
Average Hourly Pay $50/hr

Recently Added DRW Salaries

Year
Job Title
Group/Division
Location
Pay Rate/Type
Bonus
Engineer
Year 2023
Job Title Engineer
Group/Division N/A
Location Chicago
Pay Rate/Type
Bonus
Intern
Year 2021
Job Title Intern
Group/Division Quantitative Research
Location new york
Pay Rate/Type
Bonus
Intern
Year 2021
Job Title Intern
Group/Division Quantitative Research
Location New York
Pay Rate/Type
Bonus
Engineer
Year 2022
Job Title Engineer
Group/Division N/A
Location Chicago
Pay Rate/Type
Bonus
Developer
Year 2018
Job Title Developer
Group/Division Credit
Location Chicago
Pay Rate/Type
Bonus