What the interns have wrought, 2021 edition
blog.janestreet.com
What the interns have wrought, 2021 edition
1–10 of 71 posts
Re: What the interns have wrought, 2021 edition
#2Do the interns get paid?
Re: What the interns have wrought, 2021 edition
#3Do the interns get paid?
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for.
From https://www.efinancialcareers.com/news/finance/jane-street-p...
Re: What the interns have wrought, 2021 edition
#4Do the interns get paid?
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for. From https://www.efinancialcareers.com/news/finance/jane-street-p...
They’re paying their interns how much? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
Re: What the interns have wrought, 2021 edition
#5Earlier quoted context omitted.
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for. From https://www.efinancialcareers.com/news/finance/jane-street-p...
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
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Re: What the interns have wrought, 2021 edition
#6Earlier quoted context omitted.
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for. From https://www.efinancialcareers.com/news/finance/jane-street-p...
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
14.5k is almost the monthly base pay for a senior software engineer at a FANG in Bay Area/NY/Seattle/ZRH (not counting bonus and stock though - which make a significant difference).
So it does seem very high, but not impossible?
Re: What the interns have wrought, 2021 edition
#7Earlier quoted context omitted.
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for. From https://www.efinancialcareers.com/news/finance/jane-street-p...
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
As a senior developer in Europe, I'm considering becoming an intern.
Re: What the interns have wrought, 2021 edition
#8Earlier quoted context omitted.
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
14.5k is almost the monthly base pay for a senior software engineer at a FANG in Bay Area/NY/Seattle/ZRH (not counting bonus and stock though - which make a significant difference). So it does seem very high, but not impossible?
No way, I get more than that at an entry position outside of FANG. Senior software engineer pay starts at $25k/month and goes up from there.
Edit: I just noticed base pay–then yes, that's about what it'd be, but base pay tends to cap out very quickly so it's not a good measure of compensation.
Re: What the interns have wrought, 2021 edition
#9Earlier quoted context omitted.
> Like most companies, Jane Street also doesn't discuss pay. However, as we reported last year, pay for U.S. trading interns at Jane Street in 2020 was $14.5k a month, plus an extra $500 a week work from home stipend (making $16.5k as a monthly total) for. From https://www.efinancialcareers.com/news/finance/jane-street-p...
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
Jane Street interns are known (maybe not in this conversation :P) to get paid exceptionally well. A typical software engineering intern at a large Bay Area company is probably making something approaching $10k.
Re: What the interns have wrought, 2021 edition
#10Earlier quoted context omitted.
They’re paying their interns how much ? Either finance pays way more than I thought, or that’s wildly off - for comparison as the most senior developer in our London based organisation, having been here since the beginning, I make about $11k a month.
14.5k is almost the monthly base pay for a senior software engineer at a FANG in Bay Area/NY/Seattle/ZRH (not counting bonus and stock though - which make a significant difference). So it does seem very high, but not impossible?
I believe Salesforce offered interns in SF something like $8600+/mo and an option of company-provided housing or an $8k stipend, if they took the latter then their effective pay would be a bit over $11k/mo. So yeah, it doesn't sound unreasonable. Internships only lasted 3 months, so it's not a big burden on the company, plus it gives the intern a salary proxy for what they can expect as minimum if they're invited back for full time the next summer after graduation.