It's more than what some people think, but less than quants feel they deserve. : There may be no better time than the present to be a quant. Hedge funds and banks are not only hiring PhDs right out of school to research and mine datasets, but also to build algorithms and strategies that directly inform trading decisions. More quants inch toward the front-office every day. When it comes to quant pay, the spectrum is rather wide. It all depends on whether or not you’re considered a 'revenue-generator'.Either way, salaries are increasing across all experience levels as competition heats up.