Speak for yourself. I'm involved in market data analysis, order/execution analytics and development of quant back-testing tools. It's pretty interesting work and is not like "any other programming job". I pretty much have free reign to come up with the best solution. We use highly specialised time-series databases, esoteric languages and no fear of FPGAs, GPUs, grid computing or anything else which is suitable.
I'm paid well because I understand this stuff and how it fits together, not just for "banging out code and turning it over to production". Sorry your job sucks, you should look around.
Yes and No. Non-disclosure is considered a given in any job and would have been in his contract. You'd have to be out of your mind to try to steal code from a bank since there's a lot of monitoring in place to watch for it. (Disclaimer: I work for one).
The reason he is paid so much is not because he's a programmer who keeps his mouth shut. It's because he's a programmer with experience and understanding of how high-frequency trading systems work.
An individual's first job in banking is likely to be better paid than any other IT job. However, you have to build up a lot of domain experience before you can get paid those kind of salaries. Some developers even make the jump over to the business side to unlock bigger bonuses, but a maths PhD is usually required. For others the top money is in contracting. £500 - £1000 per day, more in short contracts. But again, you need domain experience.
Amazon or Apple will become the middlemen to end all middlemen. What's surprising is that this guy was totally aware, like everyone else, that this is the case. I mean, he watched it happen with regular paper book stores and physical plastic music shops.
There is no such thing as a little guy middle-man anymore.
I have to admit, I dislike these regular Fog Creek / Stack Exchange articles appearing on Slashdot. Last time it was interview technique, implying they only let the best people in. This time, it's lunch - implying they are more cohesive than you as a team. It always has some point that tries to prove "we're different" in a way that implies that "we're better than everyone else", usually thinly veiled through some trite workplace commentary.
It's just one big sales pitch. The Emperor's New Clothes. I hope you can all see though them.
Exactly. But the problem here is that the poster is lumping all PhDs in together. In Physics at least, specialisation can lead to some very useful and broadly applicable findings. Granted, sometimes completely unexpectedly. I can imagine the same is not true for a highly specialist life sciences PhD.
However, is that really a problem? The 'great minds' earning PhDs in life sciences, probably would never be useful in the world of 'real' science anyway, so no great loss. Sorry if this sounds snobbish, but it is.:)
If you have to ask, you need to move job. Although my yearly reviews and bonuses are in the top 10% for my pay grade, I was having trouble getting promoted for political reasons. I could maybe accept their promise of 'it will happen in 2012', but since they've spent the last year hiring a tonne of people in the grade above me, my prestige has been lowered.
So, I just handed in my resignation. The gaping whole I am leaving has my former employer in a bit of a bind now, since I was the last person with the knowledge and skills to support a key system. They have offered to promote me now, but it's too late.
I will earn more than double as an IT contractor at a competitor, so that is what I'm lined up to do. I've seen the other side and the grass is definitely greener.
When I'm ready to go back to being permanent in the next year or two, I will automatically get that grade and set of responsibilities as well as a much bigger pay-packet. It's a no-brainer.
Slashdot Mirror
I hope your language has a COME FROM statement.
Speak for yourself. I'm involved in market data analysis, order/execution analytics and development of quant back-testing tools. It's pretty interesting work and is not like "any other programming job". I pretty much have free reign to come up with the best solution. We use highly specialised time-series databases, esoteric languages and no fear of FPGAs, GPUs, grid computing or anything else which is suitable.
I'm paid well because I understand this stuff and how it fits together, not just for "banging out code and turning it over to production". Sorry your job sucks, you should look around.
Yes and No. Non-disclosure is considered a given in any job and would have been in his contract. You'd have to be out of your mind to try to steal code from a bank since there's a lot of monitoring in place to watch for it. (Disclaimer: I work for one).
The reason he is paid so much is not because he's a programmer who keeps his mouth shut. It's because he's a programmer with experience and understanding of how high-frequency trading systems work.
An individual's first job in banking is likely to be better paid than any other IT job. However, you have to build up a lot of domain experience before you can get paid those kind of salaries. Some developers even make the jump over to the business side to unlock bigger bonuses, but a maths PhD is usually required. For others the top money is in contracting. £500 - £1000 per day, more in short contracts. But again, you need domain experience.
You probably can't figure out the joke because of the pixelation.
Agreed, Quicktime player has to be one of the worst things ever, irrespective of the codec.
He said borged, not borked. As in assimilated, not broken.
Looks like he never read this as a child:
http://en.wikipedia.org/wiki/The_Little_Red_Hen
My gripe is with misrepresentation in the comment summary, not the actual article.
Grassroots. A small snow flake like this becomes, public opinion which later becomes the avalanche that ends in legislation.
This is dangerous because it's politically and/or financially motivated, not because it's some guy's hobby.
Amazon or Apple will become the middlemen to end all middlemen. What's surprising is that this guy was totally aware, like everyone else, that this is the case. I mean, he watched it happen with regular paper book stores and physical plastic music shops.
There is no such thing as a little guy middle-man anymore.
"There can only be one."
I don't see that it makes any difference. Jihadists already have all the justification they need.
Carrier Lost?!?!?! I suppose that might happen if you detonated under the flight deck, but that's some mighty explosives you have there.
P.S. I know. I get the meme.
I have to admit, I dislike these regular Fog Creek / Stack Exchange articles appearing on Slashdot. Last time it was interview technique, implying they only let the best people in. This time, it's lunch - implying they are more cohesive than you as a team. It always has some point that tries to prove "we're different" in a way that implies that "we're better than everyone else", usually thinly veiled through some trite workplace commentary.
It's just one big sales pitch. The Emperor's New Clothes. I hope you can all see though them.
Exactly. But the problem here is that the poster is lumping all PhDs in together.
In Physics at least, specialisation can lead to some very useful and broadly applicable findings. Granted, sometimes completely unexpectedly.
I can imagine the same is not true for a highly specialist life sciences PhD.
However, is that really a problem? The 'great minds' earning PhDs in life sciences, probably would never be useful in the world of 'real' science anyway, so no great loss. Sorry if this sounds snobbish, but it is. :)
If you have to ask, you need to move job. Although my yearly reviews and bonuses are in the top 10% for my pay grade, I was having trouble getting promoted for political reasons. I could maybe accept their promise of 'it will happen in 2012', but since they've spent the last year hiring a tonne of people in the grade above me, my prestige has been lowered.
So, I just handed in my resignation. The gaping whole I am leaving has my former employer in a bit of a bind now, since I was the last person with the knowledge and skills to support a key system. They have offered to promote me now, but it's too late.
I will earn more than double as an IT contractor at a competitor, so that is what I'm lined up to do. I've seen the other side and the grass is definitely greener.
When I'm ready to go back to being permanent in the next year or two, I will automatically get that grade and set of responsibilities as well as a much bigger pay-packet. It's a no-brainer.
Don't you mean you're? Maybe the target country has less of a problem with illiterate, self-entitled xenophobes.
Wrong Rebels. Tunisia already had theirs. Tatooine style.
You don't need to bet. Just google...
Cancer cluster confirmed near coal-burning power plant in Delaware
I'm pro-nuclear but your rant is a total turd-spurt. How many times have you used the word 'idiocy' or 'idiotic propaganda' in the past few months?
Mr Bergis, is that you?
Sounds like you want a modern ZX Spectrum.
Now that I would buy.
Well, at least someone should be editing slashdot. Even if it's only pretend.
I think this will probably end up like "Electric Avenue" from Jackass 3D. But with bonus fire. Awesome.
http://www.youtube.com/watch?v=6vJjBNNVOZ4
Wikileaks will no doubt be on it from day 1. After all, it contains copyright documents.
"this porn is infinitely excellent"