Move for the cash
Hi WallStreetOasis,
Kindda in a dilemma right now. Basically, like where I am but low cash vs go to new place high cash. (Yes, I know there're those who would read thread history. But still, help me out)
Now: Suited well into tier 2 IB. Own book. Good relationship with team members. Mandates basically is research your strats -> Run them -> Make money. Full support (at least for now) from management on my strats Possibility: Top prop shop (Jump / Tower / Jane Street). Presumably with higher pay. ( Pay is 1st factor, Brand maybe second )
Two questions: 1. I know the street and I'm underpaid for a 8th year professional. I checked with many and they agree. Do you think I'm able to get +60% increase going to prop shop which would put me in line with market compensation? If so, do I disclose my current salary during interview? 2. What do you think about the move? Honestly, if I'm at +60% higher at my position, I stay. I do like trading, but I also like the collegiate environment of a bank vs a prop shop.
Cheers, Nijikon
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