I just got a job with a hedge fund in Greenwich, CT, however, it's not a trading job (which I was originally seeking). Basically, the job is development & trader support. We develop applications that the traders use, write scripts to generate reports, etc.. and resolve problems for traders (trades aren't showing up, etc..). The deal I got is: $60K base salary initially (prorated for year 1 of course), no eligibility for a bonus for the initial year (6.5 months actually, since it's june now), plus benefits (3 weeks / year vacation, prorated for year 1 of course, plus health insurance) So, my questions are: 1. Am I getting a good deal? 2. What can I expect to earn for years 2 and 3? 3. If I wanted to be a trader later, do you think the hedge fund would let me change positions? If not, and I change companies, how much would this working experience help me in getting a trader position? Note that I'm not considering changing positions/jobs for at least a few years. Other info: - The job hours are from 7 am - 6 pm - My per-hour rate is $22.72 / hour, considering 11 hour workdays (there is no real lunch break, I mean, we obviously eat, but it isn't like a standard lunch break), which is not spectacular considering the hours. - I'm fresh out of college (A good one, Lehigh University, w/ a degree in Computer Science & Business), Just graduated May 2007 - The fund gets revenue of about 100 Million / year from the asset management fee + their take of the profits, and employs about 60 people I do like the company a lot (although I would prefer to work in the city over Greenwich), so it makes the hours bearable. But if I'm not going to be getting a lot more pay after I learn the ropes (the first month is going to be pretty much almost all training and familiarizing myself with their systems and everything), then the hours are not worth it, since I can find a non-hedge fund job that pays 50 - 55K for 8 hour days easily, and in the city too.