How to Get More Money

For the next version of the Guide, we want to cover how to get more money. Not only when you go for your first job, but also how to position yourself to make the most of what you get later on. I'm going to kick it off with a few observations, and basic tips. I hope you will join in in discussing it here First up, once you get told what you are going to get in the next year is almost certainly fixed by the point at which you get told. It is is too late then to say "but I did all this good stuff, and worked until my fingers bled". You need to tap into the timescale in which your boss is working on what he's going to give you next year.
*It is also important to understand the political accountancy that is going on between him and his boss, his peers, and yours as well.
It is not enough that you boss thinks you did a good job, these other stakeholders in the process must also see his decision as rational. The majority of quants report to a manager who can't just divide up his budget in any way he sees fit. Sometimes he will need formal approval, and even if he is very senior, he won't want to rock the boat too much by what seems an irrational allocation of money.
So, it's important not only to make sure your boss gets the message, but also those who help him make the decision. On the forum and the next edition of my blog, I'll talk about ways to work this.

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