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Home / Compensation / Two Sigma / Software Engineer
Total compensation for a Two Sigma Software Engineer ranges from about $250K at the entry level to $1.2M+ at the most senior bands, with a typical mid-level package around $505K. Below is the full breakdown by level - base salary, annual equity, and bonus - from public-source data.
Public-source estimates (Beta). Last updated 2026-06. Figures are annualized USD.
| Level | Years | Base (p50) | Equity/yr (p50) | Bonus (p50) | Total (p25-p90) |
|---|---|---|---|---|---|
| E1Software Engineer (New Grad) | 0-2 YOE | $190K | $2K | $110K | $250K - $440K |
| E2Software Engineer | 2-5 YOE | $220K | $2K | $160K | $310K - $590K |
| E3Senior Software Engineer | 5-9 YOE | $250K | $5K | $250K | $400K - $840K |
| E4Lead Software Engineer (Staff-equivalent) | 8-14 YOE | $285K | $5K | $380K | $510K - $1.2M |
Entry-level. First-year bonus is typically guaranteed in the offer. Pays below Jane Street / HRT new-grad numbers but above almost every product company.
Mid-level. Two Sigma runs more like a structured tech company than a trading desk - bonus targets are more predictable than at pure prop shops, with correspondingly lower ceilings.
Senior IC. The most-common external hire level. Engineers on modeling-platform and live-trading systems land the upper band; corporate-engineering roles track p25-p50.
Staff-equivalent. Some seniors receive deferred-compensation awards invested alongside the funds (reflected in the small equityAnnual band) - vesting is typically 3 years.
The offer calculator compares your current and target offers 4 years out - vesting, refresh grants, and federal + state + FICA tax - so you negotiate with real take-home numbers.
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