this post was submitted on 13 Oct 2024
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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[–] 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.