You don’t reap giant salaries (and you’re underpaid relative to your peer group in finance) until you’re a legitimate partner at a firm.

If you think the coming nuclear winter will make job market tough for employees, you need to hear about the job offer my daughter got recently. The job has: $0 salary and no equity (you’re supposed to be compensated in experience). no benefits other than vacation and sick time: no insurance, for example. no supplies room, either.