Wall Street IT Losing Pros to Startups, Consultants
Wall Street IT jobs don't hold the allure that they once did for smart technologists. Though the pay can be great, the pressure and lifestyle can be killing, with long hours, tight deadlines and high stakes the norm. Now, with more opportunities appearing in other industries and business pressures making their positions less secure, many of the Street's tech professionals are looking for better opportunities elsewhere, according to Wall Street & Technology. Which is more important -- big money or a sane lifestyle? Let us know what you think in the comments below. On the flip side, the departure of all this talent is a positive thing for job seekers. As in other industries, financial companies are challenged to find good tech people to fill open positions. "There will be a void of technical talent and domain knowledge at many of these companies if people with 15-plus years of experience leave," one source told WS&T.