I came into a hedge fund job as an analyst in February of this year and didn’t negotiate my bonus at the outset. I was coming from tech and needed a green card so didn’t have much room to do so.

With bonus season coming up, I have a feeling my PM is going to underpay me. Should I bring up the subject myself? Also, how do I get a sense of what I’m worth? I did not trade but was the main data guy and built a tool that is indispensable for our process. Is 10% of his cut of PnL reasonable?

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Posting as :
works at
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You’re not getting 10%.

They’re going to give you as little as possible just to keep you from leaving. It’s the name of the game.

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Update: I lost my job because I stood up for myself and didn’t let my boss lowball me. Guess this business isn’t for me

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Sorry to hurt your feelings, but this is not how things work. You grow gradually ,10% of P&L 🤣 you seriously need to understand the ground reality!

My younger brother is a data engineer, he talks the same way as you do. I tell him the same thing, Business builders are the ones who risk everything,and create big value. A data tool is an accessory to help a business builder, anyone can build a data pipeline these days and analyze data. A business builder trusted you with his/her invaluable data, that’s a privilege, to get in that circle is a privilege, you needed to build trust create lot more value for the firm then maybe you could have asked for a sub .5% p&l.

It’s not the industry its you in this case. When you calm down and reflect back, you’ll realize, you got an opportunity to move from tech to HF, a shot at Green Card and then you got greedy for portion of P&L of your boss within 7months of accepting a job! Don’t get disheartened learn from this incident. Wish you luck 🍀

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10% is unlikely unfortunately

I know lol

It will never be a percentage unless you are in a risk taking role.

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Rate this offer:
L4 Big Data Consultant
Base: $135k
Equity: $290k/4
Bonus: 15%
Sign-on: $10k

*MCOL

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