u/EcstaticAssignment wrote (the comment Michael replied to):
I mean, good for them if that's the case. To be frank these "large financial institutions" must have pretty terrible tech teams or else just never fire false positives if fresh bootcamp grads are succeeding in senior positions.
u/michaelnovati replied · ★ FEATURED
1. They do fire them, I do think most survive but I know peopoe fired too
2..There is a range here. Capital One hired like 50 Codesmith grads in the boom. Senior Associate is like below FAANG entry level and Senior Engineer is like FAANG entry level. They comp all cash so that Senior Associate pays like 140K ish total and that Senior Engineer 160K ish.
In some ways so many people going to Capital One messed up the stats because of the title inflation and all cash compensation. And the interview process that asks the same 4 questions for one of the interviews that all the Codemsith people shared and practiced with each other.