JANE STREET SALARY IN 2026

What Jane Street pays traders, researchers and interns, taken from the firm's own posting and its filings with the US Department of Labor.

UPDATED 2026-10-08 · 10 MIN READ · BY THE VARIANCE TEAM

Jane Street publishes a base salary and says nothing at all about bonuses. That makes this one of the few quant pay questions with a real answer and a clearly marked edge to it.

Article reviewed 8 October 2026. Historical tables retain the data periods and source-check dates shown below. Filing-derived numbers are a selected snapshot, not current offers; candidate-reported totals are unverified reports. An article update does not refresh the underlying dataset.

Checked against Jane Street's careers site and DOL disclosure data on 21 September 2026. Every figure is labelled with where it came from. Jane Street publishes a base salary and nothing about bonuses, so this page does not invent one.

Two numbers circulate for Jane Street. One is $300,000, which the firm prints on its own internship posting. The other is somewhere north of $400,000, which comes from salary aggregators. The gap is not a disagreement about the market. It is the difference between a figure an employer published and a figure a model produced from a handful of self-reports.

What Jane Street pays: base salary, 2025 filings

Jane Street sponsors H-1B hires, which means it files a Labor Condition Application with the Department of Labor stating the base salary for each role. Those filings are public. For fiscal year 2025 they show a flat $300,000 across the titles that matter here.

The chart below places those filings next to peer firms. Only rows with at least three filings behind them are shown, because the same dataset contains single-filing outliers that get quoted as if they were market rates.

Median filed base salary by firm and title, DOL fiscal year 2025 (3+ filings only)Base salary only — not a ranking of total pay. Filings have no field for the discretionary bonus, which is usually the larger half of a quant package, so every bar is a floor.
DOL-derived filing snapshot
FirmMedian baseFilingsSource
Jane Street — Trader$300,00013 filingsDOL-derived filing snapshot
Jane Street — Researcher$300,0003 filingsDOL-derived filing snapshot
Jump Trading — Quantitative Trader$300,0003 filingsDOL-derived filing snapshot
Five Rings — Quantitative Researcher$300,0009 filingsDOL-derived filing snapshot
Citadel Securities — Quantitative Trader$262,5004 filingsDOL-derived filing snapshot
Citadel Securities — Quantitative Researcher$250,00043 filingsDOL-derived filing snapshot
Jump Trading — Quantitative Researcher$250,00012 filingsDOL-derived filing snapshot
Two Sigma — Quantitative Researcher$235,00049 filingsDOL-derived filing snapshot
Hudson River Trading — Core Developer$185,00016 filingsDOL-derived filing snapshot
Optiver — Quantitative Researcher$150,00015 filingsDOL-derived filing snapshot
Optiver — Trader$150,0008 filingsDOL-derived filing snapshot

Jane Street sits at the top of the group with a meaningful sample behind it. Ubiquant filed a higher number, but once, and Quiet Capital filed twice; neither appears above for that reason.

Traders and researchers are paid the same base

This is the part of the filing data worth stopping on. Three different job families, filed separately, all at exactly $300,000. Not a close spread. The identical number.

Title as filedBaseFilings
Software Engineer$300,00019
Trader$300,00013
Researcher$300,0003
At the flat base$300,00035

One scope note, because it is the kind of thing other salary pages get wrong. Those 35 records are a subset of Jane Street's 48 filings for the year. The remaining 13 cover non-core functions — operations engineering, production engineering, data centre and security roles — and those range from about $150,000 to $300,000. The flat band is real for the technical core, not for the whole firm.

A flat base band tells you where the firm puts its variable money. Candidates often try to pick between the trading and research tracks on the assumption that one pays better. At the starting line, on the only component anyone can verify, it does not. The difference between the two careers is the bonus and the ceiling, neither of which is published.

The $300,000 internship number, converted

Jane Street's New York Quantitative Trader Internship posting states "Base salary is $300,000." That is an annualised rate. The internship runs roughly fourteen weeks, May to August, so what actually lands is:

As quotedPer weekWeeksBase for the summer
$300,000 annualised$5,76914$80,766

$5,769 a week is a genuinely strong internship rate and it is also lower than several firms that quote a smaller-sounding headline. Susquehanna posts $8,600 a week for master's and PhD interns, about 49% more per week than Jane Street, while never printing a six-figure number. The unit does the work.

Worth noting what the posting does not say. It states the base salary and stops there: no housing, no relocation, no signing bonus. Several firms on the comparison list do state those, and they are worth real money in New York, so the weekly rate understates the gap in both directions. The full comparison is in the quant intern pay guide.

Base is not the package

Filed or posted base salary does not determine total compensation. A discretionary bonus can vary by firm, role and year, and can be zero. This guide does not estimate total pay by multiplying base salary.

The candidate-reported ranges below are a historical comparison, not employer-confirmed totals or a forecast of your offer.

LevelYearsTrader totalResearcher total
New graduateYear 1$250k–$450k$225k–$400k
Mid-levelRoughly years 3–6$400k–$800k$350k–$700k
SeniorRoughly years 7+$600k–$1.5M+$500k–$1.2M+

These are self-reports aggregated by third parties, not filings. The ranges are wide because they genuinely are: two traders at the same desk in the same year can be a long way apart.

London and the documentation gap

Jane Street's London office is large and pays competitively, and almost nothing about it is verifiable. New York State requires a good-faith pay range on postings for work performed in the state, which is the reason US figures on this page are firm. The UK has no equivalent. Neither does the Netherlands.

Candidate reports put first-year graduate trader total compensation in the £250,000 to £500,000 range. Treat that as an order of magnitude. The wider comparison across cities, including why the nominal gap between New York and Amsterdam overstates the real one, is in the pay by city guide.

Why aggregator estimates run 40% high

Glassdoor listed an estimated average of $428,021 for a Jane Street quantitative trader intern. The sample behind it was one submitted salary. The firm's own posting says $300,000. The estimate is off by roughly 43%, in the direction that gets clicks.

This is not a quirk of one listing. Aggregator estimates are modelled from small, self-selected samples, and self-selection at the top of the market runs one way: people report the good year. A candidate who used that $428,021 figure to anchor a negotiation would be arguing against a number the firm has published.

How these figures were sourced

Sources are preferred in a fixed order: what the employer publishes, then what it files with the government, then named press reporting, then candidate reports. Every figure on this page carries the label of which one it came from.

How to read the source label on every figure
Employer-published
Published by the employer on its own job posting or careers site.
DOL-derived filing snapshot
Labor Condition Application disclosure data filed with the US Department of Labor ahead of an H-1B petition. Base salary only.
Press report
Reported by a named publication with an editorial standard.
Candidate-reported
Self-reported by candidates and aggregated by a third party. Unverified and prone to selection bias.

Two limits worth stating. LCA filings only capture sponsored hires, so employees on a green card, on an O-1A, or hired out of a US undergraduate pipeline are invisible to the dataset, and those groups include many of the highest earners. And a median over three filings is not a market rate, which is why the record count sits next to every figure here rather than in a footnote.

Where these numbers come from

  1. Employer-published

    Jane Street careers site, Quantitative Trader Internship (May–August)

    The posting states "Base salary is $300,000." Jane Street quotes interns an annualised rate rather than a weekly one.

    Last checked 2026-10-08

  2. DOL-derived filing snapshot

    US Department of Labor LCA disclosure data, via h1bdata.info

    Selected historical records accessed through h1bdata.info, a secondary mirror. Original source: US Department of Labor disclosure files. Previously checked 2026-09-21; the snapshot was not independently regenerated in the 2026-10-08 article review.

    Last checked 2026-09-21

  3. Candidate-reported

    Aggregated candidate self-reports via levels.fyi, Glassdoor and Wall Street Oasis

    Historical candidate-reported ranges, not employer-verified totals. The linked company-level source does not validate every role or career-level range; use the ranges as context, not a forecast or ranking.

    Last checked 2026-09-21

  4. Candidate-reported

    Glassdoor, Jane Street quantitative trader intern estimate

    Listed an estimated average of $428,021 built from a single submitted salary, against the $300,000 Jane Street publishes on its own posting.

    Last checked 2026-09-21

  5. Candidate-reported

    Aggregated candidate reports, Jane Street London

    First-year graduate trader total compensation reported in the £250k-£500k range. The UK has no pay-transparency requirement, so nothing here is employer-published.

    Last checked 2026-09-21

Frequently asked questions

How much does Jane Street pay?

Jane Street filed a $300,000 median base salary with the US Department of Labor in fiscal year 2025 for both Trader (13 filings) and Researcher (3 filings) roles in New York. This is historical base-pay context, not total compensation or a guaranteed new offer. The sources do not establish the discretionary bonus.

Does Jane Street pay interns $300,000?

Jane Street's own posting for the New York Quantitative Trader Internship states "Base salary is $300,000." That is an annualised rate, not the amount an intern receives. At $300,000 a year the weekly equivalent is about $5,769, so a fourteen-week May-to-August internship comes to roughly $80,800 in base pay. The posting states the salary and nothing else — no housing, relocation or signing bonus is mentioned.

Does Jane Street pay traders more than researchers?

Not in base salary. The 2025 Department of Labor filings show a $300,000 median for both the Trader and the Researcher title, with no gap between them. Any difference between the two paths shows up in the discretionary bonus, which is not disclosed anywhere.

Why do salary sites show Jane Street paying more than $400,000?

Because they model estimates from small self-selected samples. Glassdoor listed an estimated average of $428,021 for a Jane Street quantitative trader intern built from one submitted salary, roughly 43% above the $300,000 the firm states on its own posting. When an employer publishes a figure, that figure wins.

What does Jane Street pay in London?

Nothing verifiable. The UK has no pay-transparency requirement and Jane Street does not publish London ranges, so every circulating figure is a candidate report. Those reports cluster in the £250,000 to £500,000 range for first-year graduate traders, which should be read as the shape of the market rather than as a number.

Is the $300,000 figure base or total compensation?

Base. This is historical base-pay context, not total compensation or a guaranteed new offer. The sources do not establish the discretionary bonus.

Keep reading

Data period and verification limits

The New York quantitative trader internship posting was rechecked 8 October 2026 and still lists an annualized $300,000 base salary. The full-time filing counts remain the selected historical FY2025 snapshot, previously checked 21 September 2026. The internship posting does not establish full-time bonus amounts or a guaranteed 14-week program for every candidate.