this post was submitted on 13 Oct 2024
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[–] CookieOfFortune 1 points 4 days ago* (last edited 4 days ago) (1 children)

Did they pay more than competitors? How did it compare?

[–] EnderMB 1 points 3 days ago (1 children)

Outside of big tech and quants, yes. In the UK especially, salaries vary wildly. Some amazing software engineers might be lucky to make £50k, while someone in big tech might make that in RSU's alone in a given year, with a salary twice as big again.

With that said, I'd find a middle ground to be nice, decent pay for decent WLB.

[–] CookieOfFortune 1 points 3 days ago (1 children)

Wait 150k-200k is considered good in the UK? I’d have thought you’d be getting offers in the millions/year.

[–] EnderMB 1 points 3 days ago* (last edited 3 days ago)

The average salary for London is ~£60k, and substantially less outside (I'm not from London).

Salaries here are much lower than that of the US, and lower than some European countries. Despite all of this, it also means that if you save enough from a high-paying job you can supplement your income from your interest and pursue other things.

Tax is also very high, but the other side of this is that healthcare is free, and worker protections are higher than in the US.

IMO, moving to the UK or parts of Europe is something many people in tech should do once they've earned seven figures in tech in the US. Despite lower income, they could probably live off of their interest and retire somewhere with an arguably equal quality of life.