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With inflation rising steadily, several fintech companies announcing layoffs, and the continued perception that those working in fintech have enjoyed higher wages in recent years compared to other industries, bosses It may seem like now is the wrong time to ask. Raise.
Click the image to view all jobs on the FinTech Futures Jobs portal.
But in reality, industry research and news from the recruiting department that The Great Resignation is the tightest labor market in years means that now is the time to approach employers and renegotiate your worth. indicates that may be the best time.
But first, let’s talk about the elephant in the room. Klarna’s recent layoff saw his workforce cut by 10%. If this can happen to fintech unicorns, and companies long thought to have strong and positive work cultures, then no one in fintech should settle for the long term and be happy with the current package. No? Yes, no.
It’s also worth noting that other tech companies such as Meta and Uber have lowered their hiring quotas.
But experts believe companies are getting leaner as the cost of hiring quality talent has increased significantly over the past two years.
In fact, research shows that many companies set aside up to 4% of salaries to split between new hires and commit to raises aimed at retaining current staff. Combined with the fact that a new hire can ask for a 10-20% raise when he moves companies, your current employer wants to secure your expertise and tacit knowledge through financial means. It is clear.
Recruiters and talents in the fintech industry suggest combining monetary and soft benefits when presenting a case for a salary increase. Base your rationale for a raise on performance, how it directly benefits the company, and market value if you decide to go elsewhere. Softer benefits include additional days off, flexible working hours, or hybrid work, which can be included to cushion the economic conversation.
This is also a strategy you can use to negotiate a package with a new employer should your request be denied. So why continue to support a company that refuses to recognize your worth? There are 3 open roles in , and more can be found. Fintech Futures Job Board.
role: of Client Quant Developer As part of the Solution Engineering Team, bloomberg Assisting clients on how to implement quantitative investment strategies and research using the new Python Quant development platform.
responsibility: This role includes full lifecycle development from initial pitch to prospect, requirements gathering, prototyping, implementation, deployment and adoption. This adds to our resources and strategic client content creation.
Requirements: Advanced coding skills in Python, front office experience in financial markets, and knowledge of other programming languages such as R and VBA are required.
apply for Client Quant Developer Discover more jobs by role or bloomberg.
role: Do you have a passion and understanding of synthetic data? Senior Product Owner role in Moyamoya it’s for you The role itself comes down to interacting with customers, beginning to understand how their needs are being influenced by industry trends, before creating and delivering solutions.
responsibility: As a product ambassador and first point of contact, both internally and externally, you will be responsible for sharing product knowledge and answering questions. In this role, he should be able to take Hazy to the next level and influence teams and cross-functional stakeholders for coordination and execution.
Requirements: This role requires a minimum of 2 years of experience in a technical product team and an understanding of cutting edge ML/ETL development with agile software development.
apply for Senior Product Owner play a role or explore other opportunities Moyamoya.
role: of senior product manager Help Monzo build and improve products that have a tangible positive impact on the lives of its customers.
responsibility: You and your team are free to set big, ambitious goals and decide how to reach them. Gain a deeper understanding of Monzo’s users and build strategies to reduce financial anxiety and give them more control over their finances.
Requirements: You must be data-driven, passionate about metrics, intellectually honest about how your work is being done, and willing to continuously improve it. Additionally, I have shipped world-class products for a rapidly growing company.
apply for senior product manager Take a role or explore other available positions Monzo.
