News for hackers. Stuff that matters.
Re:Searchable and sortable H1B salary database by herr_antwort on Sunday June 11, 2023 @03:58AM (#36279253)
ok, citadel, totally believable salaries here. is this a typo? theres a zero missing.

Quantitative Research Lead CITADEL SECURITIES AMERICAS SERVICES LLC US$55058.00 US$55058.00 1 Quantitative Researcher Citadel Securities Americas LLC US$67288.00 US$67288.00 1 Quantitative Researcher Citadel Securities Americas Services LLC US$67288.00 US$67288.00 1

Re:Searchable and sortable H1B salary database by flakeoil on Sunday June 11, 2023 @04:31AM (#36279408)
It's just one position, not an average. There are other positions with the same title with higher salaries. Quantitative Research can be anything, basically just an Excel inputer could be called that.

I think salary expectations on HN, in tech and in the US are a bit off. Do you really believe someone crunching numbers is worth USD 600000 per year?

Re:Searchable and sortable H1B salary database by smcl on Sunday June 11, 2023 @04:37AM (#36279435)
I think a lot of the comments where people casually dismiss salaries in the hundreds of thousands a year as too low are just attempts at flexing.
Re:Searchable and sortable H1B salary database by d4mi3n on Sunday June 11, 2023 @05:32AM (#36279691)
I view it more as an observation on compensation compared to value their labor brings to the employer’s bottom line.
Re:Searchable and sortable H1B salary database by tyingq on Sunday June 11, 2023 @06:21AM (#36279951)
There's some middle ground. People's salaries charted over time compared to CEO pay, productivity numbers, purchasing power, or inflation, etc, have degraded pretty badly over time.
Re:Searchable and sortable H1B salary database by spamizbad on Sunday June 11, 2023 @12:43PM (#36282938)
Its Citadel, not some random company. They are infamous here in Chicago for paying people gobs of money and working you 80 hours/week. I would be highly suspect of any Citadel position under 100K.
Re:Searchable and sortable H1B salary database by flakeoil on Tuesday June 13, 2023 @11:54AM (#36312103)
The next Enron.
Re:Searchable and sortable H1B salary database by euiq on Sunday June 11, 2023 @07:10AM (#36280217)
Quantitative Research as Citadel Securities is a set of specific, highly-paid, jobs.
Re:Searchable and sortable H1B salary database by 6D794163636F756 on Sunday June 11, 2023 @12:50PM (#36283025)
And often paid in either bonuses or options. I haven't gone through the website much, does it distinguish pay vs. other compensation?
Re:Searchable and sortable H1B salary database by lopkeny12ko on Sunday June 11, 2023 @02:22PM (#36284114)
"Quantitative research" can mean basically anything.
Re:Searchable and sortable H1B salary database by govg on Monday June 12, 2023 @01:33AM (#36288819)
In the industry, especially at a firm like citadel, it usually means a specific set of roles. It would be like "software architect" at a tech firm, the exact work might vary but by and large every software engineer is expected to have similar skills.
Re:Searchable and sortable H1B salary database by freebee56 on Sunday June 11, 2023 @07:53AM (#36280524)
There is a huge hype machine on the internet where people want to believe there there are crazy high salaries in other companies. Even though they don't know anyone who works there, interviewed or otherwise even bothered to look into some actual evedence. I have had interviews with citadel and know people whose have roles with that title. Total comp is slightly below what a comparable person would make at Google or Facebook. There are a few rainmakers there but those people get everything in (cash) bonus. Many are getting a base that was set 5-10 years ago.
Re:Searchable and sortable H1B salary database by greatpostman on Sunday June 11, 2023 @09:26AM (#36281170)
This is false, citadel is top of market. Google doesn’t pay that well
Re:Searchable and sortable H1B salary database by returningfory2 on Sunday June 11, 2023 @09:59AM (#36281440)
I think it's the other way around, actually. I think a lot of people, especially in Europe, have FOMO about the salaries in the United States. One of their coping mechanisms is to try to convince themselves that everyone is lying about their salaries.
Re:Searchable and sortable H1B salary database by benreesman on Sunday June 11, 2023 @11:54AM (#36282535)
Honestly I’m badly out of date, and all the gossip I’m hearing is that this pay isn’t prevailing anymore.

But a new grad returning intern was doing 380 at FB Thor first year in cash and stock.

And why not? These companies are printing 10MM per marginal hire.

Why is it a crime that the people doing the 18 hour days capture a bit of it?

Re:Searchable and sortable H1B salary database by zen_1 on Sunday June 11, 2023 @08:29AM (#36280755)
I know more than one person who made more than $500,000 as a new grad, so it's not completely unreasonable. Most of that will be RSUs/cash bonus though, so not counted as part of H1B salary data as I understand it.
Re:Searchable and sortable H1B salary database by bbarnett on Sunday June 11, 2023 @09:02AM (#36280992)
Do you really believe someone crunching numbers is worth USD 600000 per year?

- it depends where you live

- how tight that job market is

- and with inflation these days, probably 2x that.

Bit of a rant, but many things I buy are 40% more than a year ago, some are 100%, yes double the price. That means aalaries should follow the same metric.

Re:Searchable and sortable H1B salary database by achow on Sunday June 11, 2023 @04:21AM (#36279369)
Yeah weird

PRODUCT MANAGEMENT VP | META PLATFORMS, INC. | $248768.00

Re:Searchable and sortable H1B salary database by hackernewds on Sunday June 11, 2023 @04:53AM (#36279501)
Base, without equity
Re:Searchable and sortable H1B salary database by fnfjfk on Sunday June 11, 2023 @09:19AM (#36281114)
That's still low, that's an E7/M2 salary, VP is at least three levels higher (D1, D2, VP1).
Re:Searchable and sortable H1B salary database by jhj on Sunday June 11, 2023 @12:10PM (#36282661)
Non-engineering roles at Meta have different salary bands and RSU comp per level than engineering ones (usually less and sometimes a lot less).
Re:Searchable and sortable H1B salary database by jtefera on Sunday June 11, 2023 @12:19PM (#36282729)
Product managers for Meta have similar pay range than eng.
Re:Searchable and sortable H1B salary database by boeingUH60 on Sunday June 11, 2023 @04:53AM (#36279503)
This stat likely includes just base salary and not stock compensation.
Re:Searchable and sortable H1B salary database by diebeforei485 on Sunday June 11, 2023 @11:29AM (#36282290)
Good tech companies pay employees higher than what is listed in the filing, they just don't want to divulge how much they're paying in public records. This is totally fine, there is nothing illegal about paying more.

Mediocre companies (or good startups who aren't considering this stuff too deeply) file with the exact salary.

Scam companies pay below what they filed (illegal).

Re:Searchable and sortable H1B salary database by lisasays on Monday June 12, 2023 @01:31AM (#36288811)
So they're submitting false filings, you say? You know this how?
Re:Searchable and sortable H1B salary database by inemesitaffia on Monday June 12, 2023 @12:36PM (#36296304)
This is guaranteed money. I'm sure you've heard of appearance and performance fees in sports
Re:Searchable and sortable H1B salary database by diebeforei485 on Saturday June 17, 2023 @04:53PM (#36374479)
Even the salary component is higher than what the filings say.
Re:Searchable and sortable H1B salary database by diebeforei485 on Saturday June 17, 2023 @04:53PM (#36374476)
Yes, but there is nothing wrong with that! There is nothing wrong in committing to pay $200K but actually paying $250K.

They report actual pay to the IRS.

Re:Searchable and sortable H1B salary database by darth_avocado on Sunday June 11, 2023 @01:38PM (#36283531)
There is an important caveat here. H1B filings only includes guaranteed compensation, which is your base salary. Stocks and bonuses are not included here. That’s why you’ll see data points like Meta paying 200k for a VP level H1B. I reality they are absolutely not underpaying H1Bs at VP level and the person is printing millions a year.
Re:Searchable and sortable H1B salary database by darth_avocado on Sunday June 11, 2023 @01:37PM (#36283523)
There is an important caveat here. H1B filings only includes guaranteed compensation, which is your base salary. Stocks and bonuses are not included here. That’s why you’ll see data points like Meta paying 200k for a VP level H1B. I reality they are absolutely not underpaying H1Bs at VP level and the person is printing millions a year.
Re:Searchable and sortable H1B salary database by 8ytecoder on Sunday June 11, 2023 @02:13PM (#36283989)
Not even guaranteed compensation - that column is prevailing wages - avg market salary. Not what they’re paid. That’s the minimum they need to paid.