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Home / Compensation / Jane Street vs Two Sigma
Jane Street pays about 114% more than Two Sigma for a mid-level Software Engineer: $1.1M vs $505K median total comp. Below is the full level-by-level breakdown for every role ladder both companies share, from public-source data.
Public-source estimates (Beta). Figures are annualized USD total compensation (base + equity + bonus).
Jane Street pays about 114% more than Two Sigma for a mid-level Software Engineer: $1.1M vs $505K median total comp. Overall ranges run $375K - $3.5M at Jane Street and $250K - $1.2M at Two Sigma across all levels.
| Company | Entry (p50) | Mid (p50) | Senior (p50) |
|---|---|---|---|
| Jane Street | $450K | $1.1M | $1.7M |
| Two Sigma | $302K | $505K | $670K |
| Level | Total comp (p25 - p90) |
|---|---|
| New GradSoftware Engineer (New Grad) | $375K - $685Kmedian $450K |
| MidSoftware Engineer | $550K - $1.2Mmedian $705K |
| SeniorSenior Software Engineer | $800K - $2.0Mmedian $1.1M |
| LeadLead Software Engineer (Staff-equivalent) | $1.2M - $3.5Mmedian $1.7M |
| Level | Total comp (p25 - p90) |
|---|---|
| E1Software Engineer (New Grad) | $250K - $440Kmedian $302K |
| E2Software Engineer | $310K - $590Kmedian $382K |
| E3Senior Software Engineer | $400K - $840Kmedian $505K |
| E4Lead Software Engineer (Staff-equivalent) | $510K - $1.2Mmedian $670K |
Jane Street pays about 111% more than Two Sigma for a mid-level Engineering Manager: $2.6M vs $1.2M median total comp. Overall ranges run $1.1M - $7.9M at Jane Street and $550K - $3.5M at Two Sigma across all levels.
| Company | Entry (p50) | Mid (p50) | Senior (p50) |
|---|---|---|---|
| Jane Street | $1.5M | $2.6M | $3.6M |
| Two Sigma | $720K | $1.2M | $1.7M |
| Level | Total comp (p25 - p90) |
|---|---|
| TLTeam Lead | $1.1M - $3.0Mmedian $1.5M |
| Sr TLSenior Team Lead | $1.4M - $4.4Mmedian $2.1M |
| GHGroup Head | $1.8M - $5.5Mmedian $2.6M |
| Sr GHSenior Group Head | $2.4M - $7.9Mmedian $3.6M |
| Level | Total comp (p25 - p90) |
|---|---|
| M1Engineering Manager | $550K - $1.3Mmedian $720K |
| M2Senior Engineering Manager | $700K - $1.7Mmedian $930K |
| D1Director, Engineering | $900K - $2.4Mmedian $1.2M |
| D2Senior Director / MD, Engineering | $1.2M - $3.5Mmedian $1.7M |
Jane Street pays the bigger median bonus at every level in this dataset (Jane Street vs Two Sigma, Software Engineer: entry $225K vs $110K, mid $750K vs $250K, top level $1.3M vs $380K). Bonus is 69% of the median mid-level package at Jane Street and 50% at Two Sigma.
| Level | Jane Street bonus (p50) | Two Sigma bonus (p50) | Jane Street bonus share | Two Sigma bonus share |
|---|---|---|---|---|
| Entry (New Grad / E1) | $225K | $110K | 50% | 36% |
| Mid (Senior / E3) | $750K | $250K | 69% | 50% |
| Top (Lead / E4) | $1.3M | $380K | 76% | 57% |
Jane Street pays the bigger median bonus at every level in this dataset (Jane Street vs Two Sigma, Software Engineer: entry $225K vs $110K, mid $750K vs $250K, top level $1.3M vs $380K). Bonus is 69% of the median mid-level package at Jane Street and 50% at Two Sigma. Both bonuses are discretionary and tied to firm performance; Two Sigma's targets are more predictable, with lower ceilings, according to the dataset's notes.
Neither grants stock. Both pay base salary plus a discretionary bonus; the small equity bands in this dataset are deferred-compensation arrangements at senior tenure.
Jane Street's loop adds mental math, probability puzzles and a trading game to its coding rounds; Two Sigma's adds a data-infrastructure system design round and a domain round. Each firm has its own prep pack.
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