Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.
Jump in the discussion.
No email address required.
Notes -
I am a software developer (I know, so unique around here!) at the beginning of my career. I expect to get an offer from a trading company next week which will easily double my salary, possibly more depending on the market. The tech stack is amazing and exactly what I wanted to work with. The office and benefits look great. People seemed fun when I met the team and I was even assured that overtime is rare. I will get training in finance subjects so this is a perfect gateway into the industry. All in all, if one is to treat a job as simply a source of income, I cannot do much better than this. Especially with the current crappy labour market.
But I can't shake away the feeling that something is wrong here. The company is a market-maker in one of those areas of finance almost entirely uncoupled from the real economy and became pure speculation, so it makes all this money via basically imposing a tax on gullible layman day traders. There is absolutely nothing of value being produced. I am worried that when I get a bit older, I will regret that I wasted my potential on something so useless and zero-sum. Especially since until this point I have always worked on projects with a real "product". Often code that goes into things you could hold in your hand etc. It gives me enormous satisfaction, but pay is meh and life just seems to be getting more expensive. I know there is some value in providing liquidity to the markets, but I cannot fool myself enough to ignore that this whole operation is just a bunch of very smart people using their learning and wits to leech off the broader society. I had an informal lunch interview round and it felt a tiny bit embarrassing to be served lunch by someone who is at least doing something useful and in turn has to serve these people who aren't.
I know some people here work in finance. Would appreciate your perspective or anyone else with an opinion
What's the cost in trying it out? Jumping ship after 6 to 12 months is not uncommon for a SWE, especially one early in his career. My advice would be to take the offer, and see if you find it fun or tolerable. If so, great. If not, the extra cash will allow you to take 6 - 12 months of vacation, soul searching, and job hunting, and still end up net zero in terms of income. The firm will, presumably, also be good for your CV, meaning you'll find the next job hunt even easier. Just be wary of life style inflation if you plan on switching jobs to something less lucrative.
More options
Context Copy link
More options
Context Copy link