Jane Street Software Engineer Compensation
No formal levels; New Grad through Lead shown. No equity - comp is base + discretionary bonus tied to firm performance. Highest new-grad pay in the dataset.
Ranges aggregated from publicly-available sources. Treat the median (p50) as roughly representative; quartile bands reflect negotiation range. Have specific data points or corrections? Send them in.
Company-specific notes
Jane Street is a proprietary trading firm: there is no equity and no formal level ladder. Comp is base salary plus a discretionary annual bonus tied to firm-wide and desk performance, so year-to-year variance is much higher than at product companies - the percentile spread here reflects bonus variance more than leveling. The near-zero equityAnnual bands cover rare deferred-compensation arrangements at senior tenure, not stock. New-grad offers are the highest in this dataset. Primary stack is OCaml; the interview emphasizes probability and functional programming.
Levels
New Grad
Software Engineer (New Grad)| Component | p25 | p50 | p75 | p90 |
|---|---|---|---|---|
| Base salary | $200K | $225K | $250K | $275K |
| Equity (annualized) | $0 | $2K | $5K | $10K |
| Bonus / sign-on amortized | $175K | $225K | $300K | $400K |
| Total comp | $375K | $450K | $555K | $685K |
The highest new-grad offers in the dataset. First-year bonus is partially guaranteed; OCaml fluency is not required at offer time but the functional-programming interview bar is unusually high.
Mid
Software Engineer| Component | p25 | p50 | p75 | p90 |
|---|---|---|---|---|
| Base salary | $250K | $275K | $300K | $325K |
| Equity (annualized) | $0 | $5K | $10K | $20K |
| Bonus / sign-on amortized | $300K | $425K | $600K | $850K |
| Total comp | $550K | $705K | $910K | $1.2M |
Bonus becomes the dominant component within 2-3 years. Year-to-year variance is real - a weak firm year compresses everyone's number regardless of individual performance.
Senior
Senior Software Engineer| Component | p25 | p50 | p75 | p90 |
|---|---|---|---|---|
| Base salary | $300K | $325K | $350K | $400K |
| Equity (annualized) | $0 | $5K | $15K | $30K |
| Bonus / sign-on amortized | $500K | $750K | $1.1M | $1.6M |
| Total comp | $800K | $1.08M | $1.47M | $2.03M |
Senior IC. Jane Street has no formal level ladder - seniority is informal and comp is set desk-by-desk. Engineers close to trading P&L out-earn platform engineers at the same tenure.
Lead
Lead Software Engineer (Staff-equivalent)| Component | p25 | p50 | p75 | p90 |
|---|---|---|---|---|
| Base salary | $350K | $400K | $450K | $500K |
| Equity (annualized) | $0 | $10K | $25K | $50K |
| Bonus / sign-on amortized | $850K | $1.3M | $2M | $3M |
| Total comp | $1.2M | $1.71M | $2.48M | $3.55M |
Staff-equivalent. At this tenure, comp is effectively a profit share negotiated individually. External hires at this level are rare - Jane Street strongly prefers growing seniors internally.
Primary sources
- ·Levels.fyi (public reports, Jane Street data points)
- ·NY Pay Transparency postings (Jane Street NYC)
- ·Glassdoor aggregated reports
- ·Public Jane Street career-page postings
- ·Blind (anonymous reports, triangulation only)
Cross-referenced against public reporting, state pay-transparency postings, and triangulated where source ranges disagreed. Last refresh: June 2026.
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