In NYC, in financial services anyway, you are expected to work around 60 hours per week plus whatever more is needed. You are expected to house your wife in Connecticut and have your parents live with you to help your wife care for any children. The big draw for that is you can typically expect high end salary and bonus around 50% of salary or more - however only if you are present on the date distributed. It’s a very common practice to lay off in November or December, so employers can get the most work out of you without paying bonus or letting you cost through the holidays when things are slow and IT departments are in change freeze.

Since leaving financial services I’ve worked in social media where things are much more family friendly, hours are closer to 40, but salary is about a third less and bonus is closer to 25%.