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Q: in-house programmers in the finance industry: attrition ( No Answer,   0 Comments )
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Subject: in-house programmers in the finance industry: attrition
Category: Business and Money > Finance
Asked by: beatle-ga
List Price: $7.00
Posted: 05 Dec 2003 22:52 PST
Expires: 04 Jan 2004 22:52 PST
Question ID: 284060
I'm interested in being an in-house programmer for a bank, 'cause I
hear that, if you last a few years, you can make almost as much money
as the finance people themselves. But, from what I've heard from folks
at Goldman Sachs, it sounds like most people only last about 4 years -
not nearly long enough to make it worthwhile in terms of money. I'm
trying to figure out why. Do half the new hires just "not make the
cut" and get pushed out after a couple years? Or is it more that they
just can't take the stress and leave of their own accord? Or do they
get even better jobs elsewhere in finance? Or were most of them
planning on going back to school for a MBA or a PhD all along? Help me
figure this one out...
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