Got an offer last month for a senior SWE role (roughly L5/L6 equivalent at other shops) in NYC. Posting numbers because there's almost nothing recent on this.
Base: $210k. Signing: $75k split over two years. Annual bonus target: 30% of base, but they were very upfront that this is discretionary and tied to fund performance. The bonus can be meaningfully higher in a good year. The equity piece is where Two Sigma is genuinely different: it's structured as a combination of restricted stock units in the holding company plus some exposure to fund-linked instruments. Not the same as standard FAANG RSUs.
What the recruiter said about total comp: they quoted ~$350-380k "expected" TC for the role, which I'd treat as optimistic but not impossible if the fund performs well. In a flat year, you're looking more like $280-290k if the bonus misses.
Leveling note: Two Sigma doesn't use an L-number system publicly the way Google or Meta do. The titles are something like Software Engineer, Senior Software Engineer, Research Software Engineer. What they call "senior" maps to roughly 4-8 YOE at a tier-1 shop.
Comp philosophy here is fund-adjacent. The bonus is real money, not a rounding error, but it's genuinely variable. If you're comparing to a Google L5 offer where the stock price is the variable, understand this is a different kind of variance.
Other stuff: 401k match is solid (4%), health insurance is excellent, they pay for a lot of professional development. The perks are legitimately good, not performative.
Happy to answer questions. Won't share the team or exact role to avoid deanonymizing.