Salary Guide

IntercontinentalExchange Salaries in Chicago: Complete Compensation Analysis

April 13, 2025 8 min read

Considering a career at IntercontinentalExchange in Chicago? Our comprehensive salary guide provides accurate compensation data across various roles, experience levels, and departments to help you negotiate with confidence and understand your market value. Interview coming up? Check out Job Bridge for real time AI assistance.

Key Salary Insights for IntercontinentalExchange

Average Base Salary

$160,000

Across all positions in Chicago

Salary Range

$95,000 - $250,000

From entry-level to executive positions

Industry Comparison

8% Above

Compared to industry average in Chicago

Total Compensation

+22%

Average bonus, stock options, and benefits

Location Factor: Chicago

Working at IntercontinentalExchange in Chicago comes with specific geographical considerations:

  • Cost of living index: 110 (U.S. average = 100)
  • Average housing cost: $2,800/month for 2-bedroom apartment
  • State income tax rate: 4.95%
  • Regional salary adjustment factor: 12% higher than national average
  • Remote work opportunities: Hybrid

Salary Negotiation Tips for IntercontinentalExchange

Based on our research and feedback from successful candidates, here are effective negotiation strategies specific to IntercontinentalExchange:

  • Highlight financial modeling expertise that commands premium compensation
  • Research indicates IntercontinentalExchange typically has 10% flexibility on initial offers
  • Negotiating for sign-on bonus may be more successful than base salary increases
  • Emphasize successful trade execution that aligns with company values
  • Consider end of quarter which has proven effective

Recent Compensation Trends at IntercontinentalExchange

Our analysis shows the following significant trends in IntercontinentalExchange's compensation strategy over the past year:

  • 15% increase in starting salaries for Data Scientist positions
  • New emphasis on flexible work arrangements as part of compensation packages
  • Shift towards performance-based bonuses
  • Increased investment in competitive salaries and benefits
  • annual compensation reviews to remain competitive in Chicago

Employee Testimonials

"After 5 years at IntercontinentalExchange in Chicago, I've seen my compensation grow by approximately 12% annually. The company values problem-solving and rewards it consistently through merit-based promotions."

- Anonymous, Quant Analyst

"The total compensation at IntercontinentalExchange is competitive, but what really stands out is generous vacation time. This has added significant value to my overall package, worth approximately $25,000 annually."

- Anonymous, Software Engineer

Salary Comparison with Competitors

Company Avg. Base Salary Bonus Equity Total
IntercontinentalExchange $160,000 20% 15% $206,000
CME Group $155,000 18% 12% $197,400
Cboe Global Markets $150,000 15% 10% $187,500
MarketAxess $145,000 17% 8% $182,100

Educational Impact on Salary

Your educational background can significantly influence your earning potential at IntercontinentalExchange. Here's how education typically impacts salaries:

Advanced Degree (Ph.D., MBA)

+15% premium

Most valued in: Finance, Trading, Risk Management

Master's Degree

+8% premium

Most valued in: Technology, Operations

Bachelor's Degree

Base level

Standard requirement for most positions

Industry Certifications

+3% per certification

Most valued: CFA, FRM, CAIA

Promotion and Raise Cycles

Understanding IntercontinentalExchange's promotion and raise cycles can help you time your career moves strategically:

  • Annual performance reviews typically conducted in December
  • Average annual salary increase: 6% for meeting expectations, 10% for exceeding
  • Promotion eligibility typically requires 2 years in current role
  • Average salary bump with promotion: 8-15%
  • Bonus determinations made in November, paid in February
  • Off-cycle raises most common in exceptional performance, critical project success

Methodology & Data Sources

Our salary data has been meticulously compiled and verified through multiple sources:

  • 3,500 verified salary reports from current and former employees (collected January 2024 - March 2025)
  • Analysis of 700 job postings from IntercontinentalExchange in Chicago (collected January 2024 - March 2025)
  • Interviews with 15 recruiters specializing in IntercontinentalExchange placements
  • Data from Bureau of Labor Statistics for Chicago
  • Industry compensation surveys from Glassdoor, Salary.com, and Payscale
  • Proprietary JobBridge salary database with 35,000 data points

This data is accurate as of April 2025 and represents a comprehensive view of IntercontinentalExchange's compensation structure in Chicago.

Frequently Asked Questions

About This Salary Data

Our IntercontinentalExchange salary data has been meticulously compiled from multiple reliable sources, including:

  • 3,500 verified salary reports from current and former employees
  • Data from job postings across major job boards
  • Information from professional recruiters specializing in IntercontinentalExchange placements
  • Industry salary surveys and governmental labor statistics
  • Anonymous compensation details shared through our proprietary network

This data was last updated on April 1, 2025, making it one of the most current and accurate salary resources available for IntercontinentalExchange in Chicago.

Salary by Department

Department Entry Level Mid Level Senior Level
Technology $110,000 $160,000 $210,000
Finance $100,000 $150,000 $200,000
Trading $120,000 $170,000 $220,000
Operations $90,000 $130,000 $180,000
Risk Management $105,000 $155,000 $205,000
Legal $95,000 $140,000 $190,000

Top-Paying Roles at IntercontinentalExchange

Based on our research, these are the highest-paying positions at IntercontinentalExchange in Chicago:

1. Managing Director

$250,000

Typical requirements: 15+ years experience, leadership in trading or finance

2. Executive Director

$220,000

Typical requirements: 10+ years experience, significant impact on business

3. Director

$180,000

Typical requirements: 7+ years experience, team leadership

4. Senior Software Engineer

$175,000

Typical requirements: 8+ years experience, expertise in relevant technologies

5. Lead Quant Analyst

$170,000

Typical requirements: 5+ years experience, advanced quantitative skills

How IntercontinentalExchange Salaries Compare to Market

Technology +10% Above Market
-100% Market Rate +100%
Finance +7% Above Market
-100% Market Rate +100%
Trading +12% Above Market
-100% Market Rate +100%
Operations +5% Above Market
-100% Market Rate +100%
Risk Management +9% Above Market
-100% Market Rate +100%
Legal +6% Above Market
-100% Market Rate +100%

Total Compensation Analysis

At IntercontinentalExchange, base salary is just one component of the total compensation package. Here's what you can expect in terms of additional benefits and compensation:

Bonuses

15-30%

Annual performance bonus (% of base salary)

Equity

10-25%

Stock options/RSUs (% of annual compensation)

401(k) Match

Up to 5%

Employer match for retirement contributions

Healthcare Value

$15,000/year

Estimated value of medical, dental, vision coverage

Additional benefits at IntercontinentalExchange include:

  • Tuition Reimbursement (Est. value: $5,000)
  • Wellness Program (Est. value: $2,000)
  • Paid Time Off (Est. value: $20,000)
  • Employee Stock Purchase Plan (Est. value: $10,000)
  • Life Insurance (Est. value: $5,000)
  • Salary by Experience Level

    Years of experience significantly impact your earning potential at IntercontinentalExchange. Here's how salaries typically progress based on experience:

    Salary Progression by Years of Experience

    0-2 years
    $95,000
    3-5 years
    $115,000
    6-9 years
    $150,000
    10-14 years
    $190,000
    15+ years
    $230,000
    Author

    Compensation Research Team

    JobBridge Salary Experts

    Last updated: April 13, 2025 • Data accuracy verified by our research team