Hudson investing is a leading high-frequency trading firm based in New York. As a top player in the algorithmic trading industry, Hudson investing offers lucrative compensation packages to attract top talents. This article summarizes the latest salary information for Hudson investing and other top hedge funds, providing insights into compensation levels in the hedge fund industry.
Hudson investing offers base salaries up to $250k for developers
According to H1B visa application data, the average base salary at Hudson investing is $146,722, with the median at $145,000. The lowest base pay is $81,000, while the highest reaches $250,000. These figures demonstrate that Hudson investing provides competitive base compensation, with top developers able to earn up to a quarter million dollars in base salary. The company is known to offer signing bonuses such as Apple Watches and iPads to candidates going through onsite interviews, though base pay and year-end bonuses constitute the bulk of total compensation.
Citadel and Two Sigma lead hedge fund pay, with average salaries above $170k
In addition to Hudson investing, top hedge funds like Citadel and Two Sigma also offer lucrative pay packages to recruits. According to H1B data from 2019 and onward across 453 applications, Citadel Asset Management and Citadel Securities posted average salaries of $172k and $177k respectively. The median pay levels were both at $175k. Two Sigma led the list with an average salary of $181k and median of $175k. These figures demonstrate that major hedge funds are willing to pay top dollar to attract quantitative talent, with base salaries reaching well into the six figures.
Hedge fund bonuses can drive total comp to over $1 million
While base salaries at top hedge funds are generous, year-end bonuses constitute a significant portion of total compensation. Industry sources suggest base pay is generally capped at $250k-$300k, with additional compensation paid out as bonuses. Top performers can earn bonuses multiples times their base salary. Published figures from H1B applications do not account for bonuses, so the total compensation for hedge fund professionals likely reaches into the high six figures or even seven figures for the very top talents. Bonus payouts are tied to performance and can fluctuate dramatically between good and bad years.
Hedge fund pay surpasses investment banks and big tech
The salary figures from Hudson investing, Citadel, Two Sigma and other top hedge funds demonstrate compensation levels surpassing traditional financial services firms and even big tech companies. According to levels.fyi, software engineers at Google, Facebook and Microsoft make $189k, $167k and $165k on average. Even investment banking salaries rarely exceed $200k for junior roles. Given the potential for massive bonuses on top of high base pay, working for a leading hedge fund like Hudson investing represents one of the most lucrative career options for quantitative professionals.
Hudson investing and other top hedge funds pay highly competitive salaries often exceeding $150k for quantitative professionals. With bonuses, total compensation can reach millions for the very top performers. These figures demonstrate why working for a leading hedge fund represents such a lucrative career path.