Quantitative Developers' salaries vary significantly by region and firm type. In North America, particularly New York and Toronto, junior Quants earn $100,000-$150,000 USD, while experienced professionals command $200,000-$400,000+ USD, often with substantial bonuses. These figures reflect high living costs in financial centers.
Europe offers competitive, though slightly lower, compensation. London Quants typically earn £80,000-£120,000 GBP (approx. $100,000-$150,000 USD) at mid-level, with top performers exceeding £200,000 GBP. Frankfurt and Paris range from €70,000-€110,000 EUR (approx. $75,000-$120,000 USD). These regions generally have lower living costs than New York, offering good purchasing power.
Asia-Pacific markets, like Hong Kong and Singapore, provide strong packages, often $90,000-$180,000 USD, though local currency salaries might seem higher (e.g., HKD 700,000-1,400,000). Japan's salaries are typically lower, around ¥8,000,000-¥15,000,000 JPY (approx. $55,000-$100,000 USD), but with a lower cost of living outside major cities. Latin America, such as Brazil, sees Quants earning R$150,000-R$300,000 BRL (approx. $30,000-$60,000 USD), reflecting lower regional economic scales.
International salary structures often include different benefits; European firms may offer more vacation and robust social security, while North American packages might emphasize performance bonuses. Tax implications significantly affect take-home pay, with countries like Germany having higher income taxes than Singapore. Education and a strong track record in quantitative finance directly impact global compensation levels.
United States only
