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Tech Giants Take Their Talent Hunt to Cambridge, UK

nytimes.com

51–60 of 276 posts

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#51
post #44

Earlier quoted context omitted.

Because in-person collaboration is more effective.

Haha, erm... source?

General life experience?

I don't doubt that the parent wasn't being absolutely comprehensive in the scope of their answer, but surely you appreciate that direct communication in person is.. well, at the very least 'efficient'?

I can't believe you're actually wanting a source for this, lol

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#52

The UK could pitch itself as a place rich US tech companies can buy top talent at low price. I have seen some (not many, to be honest) US tech companies open offices in the UK so they can pay half or less for staff, compared to what they'd pay at home. If Brexit goes as badly as it might, the pound could be even cheaper.

That is exactly what every multinational has been doing in the Third World for decades! Software developers in Tunisia, for instance, get paid 5k per year. If the salaries are enough to cover the cost of living then workers will be happy. 100k in SF is the same as 70k in London which is the same as 5k in Tunis.

> 100k in SF is the same as 70k in London which is the same as 5k in Tunis.

Not really. Only some things are significantly affected by the local cost of living: rent, food, nights out for instance. Sure, they probably make up the majority of your spending, but CoL is almost irrelevant for

- Buying luxuries: a Porsche or an iPhone are nearly the same price everywhere in the world

- Going on vacation

- Savings, if you don't intend to stay where you currently live forever

Depending on your lifestyle, these categories could easily make up most of your income, in which case $5k per year is terrible even if it covers the CoL in Tunis.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#54

Earlier quoted context omitted.

UK companies do not produce as much value, hence they are not able to pay as much as FANG.

LOL. I'm sure all the investors up to their eyeballs in the loss-making, ever hyped unicorns would beg to differ.

Which UK company makes the same profit per employee as FANG? None.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#55

Earlier quoted context omitted.

Haha, erm... source?

General life experience? I don't doubt that the parent wasn't being absolutely comprehensive in the scope of their answer, but surely you appreciate that direct communication in person is.. well, at the very least 'efficient'? I can't believe you're actually wanting a source for this, lol

> but surely you appreciate that direct communication in person is.. well, at the very least 'efficient'?

No, I don't. I believe written communication is far more efficient. Cavemen talk. Writing is the greatest technology we've ever invented. Forget all your latest devops crazes, you can't do anything useful without writing.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#56

The UK could pitch itself as a place rich US tech companies can buy top talent at low price. I have seen some (not many, to be honest) US tech companies open offices in the UK so they can pay half or less for staff, compared to what they'd pay at home. If Brexit goes as badly as it might, the pound could be even cheaper.

Why are UK tech salaries so low compared to the US?

I think what most people are missing in these comparisons is that London's tech market is hugely contractor oriented, and so it makes more sense to compare day rates. Finance in London pays typically £500-600 per day for average level frontend and backend work. There's the potential to earn much higher if you're good at what you do.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#57
post #42
post #41

Earlier quoted context omitted.

Funnily in the UK with the NHS it's again the unexpected things. In this case it's paying for parking, it adds up quick, especially if your'e visiting someone who's in hospital for a while.

This incident happened a couple of weeks before I was due to move back to the UK. The NHS gave me my final rabies shot for free at my GP's surgery. I walked there, so I didn't pay parking, but I'm guessing it would have cost less than $1500.

It's a measure of the success of the NHS that people complain about paying to park to go visit someone getting free at the point of us socialized healthcare.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#58

Earlier quoted context omitted.

In complete terms it's more like 3x that $78k figure. The salary would be bad enough. The big US tech companies are nearly all publicly traded. So that $142,000 is really $250,000 or more in total compensation. The UK, and Europe more broadly, not only can't compete with the salaries, they can't compete with the ability to dish vast stock compensation thanks to the immense market caps that Google et al. have. If you'…

My personal counter is that I just couldn't morally accept contributing taxes to a nation which: - Exploits the poor and non-citizens - Overthrows governments and bullies smaller countries - Has only the most rudimentary social security system - Does not really have a concept of healthy work/life balance. With little time off and none at all for people with newborns. - Takes near-zero environmental responsibility - L…

Sorry, which country are we talking about? Barring the guaranteed maternity leave I'm not seeing a helluva difference.

Re: Tech Giants Take Their Talent Hunt to Cambridge, UK

#60
post #17

The UK could pitch itself as a place rich US tech companies can buy top talent at low price. I have seen some (not many, to be honest) US tech companies open offices in the UK so they can pay half or less for staff, compared to what they'd pay at home. If Brexit goes as badly as it might, the pound could be even cheaper.

Lot's of companies do that, but the UK is kind of a strange place to choose to do that. If you want cheap, go hire a team of 10,000 engineers in Penang (I'm looking at you Intel). If you want expensive, choose silicon valley. If you want 2nd tier, take a look at Canada. You can choose the UK, but why? Their time zone means you'll never be able to meet with them at the same time as your Malaysian and Californian offic…

Tech multinationals are almost by definition 24/7 operations.

The UK for an American tech company is a large stable country within 1-2 hours of the timezone of the largest single market in the world and has a shared language and culture.

If you want to sell into Europe then Britain made sense...until the fuckwits voted for leave (yeah I'm bitter, they fucked over everyone my age and under).

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