is £50k enough to live in London on your own? (i.e. a one br flat)
Poll: Full-time software engineers in London, what's your annual salary?
51–60 of 420 posts
Re: Poll: Full-time software engineers in London, what's your annual salary?
#52No longer full time, but I thought I'd share my salary journey.
Graduated ( computer network management and design ) working in Portsmouth started on £16k (software developer).
Three years with the same company progressed to £25k.
Moved to London salary £33k
Two years with the same company salary rose to £40k
Went travelling, came back, started freelancing/consulting earned ~£50k last year.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#53The software industry here in London is really badly paid, for salaried jobs outside finance at least. I know plenty of developers who started at £20-25k as graduates from decent universities and whose salary has slowly risen to 40k over quite a few years. PhD graduates making £35-45k too.
You have to compare like with like: number of days holiday is different (we have different numbers of public holidays); you don't have to pay for health insurance; the numbers here are in sterling not USD; do we value experienced developers more than very new ones; how many have bonuses as a major part of their salary [which this doesn't show]?
Pretty much any full-time developer gig in the US will include employee-provided health insurance in addition to salary, so salaries are still pretty much directly comparable in that sense -- take-home pay shouldn't be that different. I could see that argument being used to justify higher salaries in the UK, since employers don't have that additional expense, but not lower ones.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#54is £50k enough to live in London on your own? (i.e. a one br flat)
No.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#55"At least 200k" full-time , wow. For anyone who's on that type of salary, what role and industry is it? CTO-level?
Finance is like its own universe. The salaries for software are like nothing I've seen anywhere else. I get the sense there's so much money sloshing around it doesn't seem that out of wack to anybody. The investment guys probably can't even figure out how anyone could even live on 250K a year.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#56The software industry here in London is really badly paid, for salaried jobs outside finance at least. I know plenty of developers who started at £20-25k as graduates from decent universities and whose salary has slowly risen to 40k over quite a few years. PhD graduates making £35-45k too.
I'd add that for jobs in startups (a focus for the HN crowd) salaries are particularly low.
Indeed. It's a shame to see that they manage to hire some young talented people. I'd rather go to Google. Better experience regardless of future path.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#57is £50k enough to live in London on your own? (i.e. a one br flat)
Yes. A reasonable one bed (not a studio) flat in zone 2 will be around £1000-1200 pcm.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#58I also see a lot of contracts around 400GBP a day in London for front end folks, thats around the 100K mark per year.
Front office rather?
Re: Poll: Full-time software engineers in London, what's your annual salary?
#5980k base, 130k last bonus. I'm 2 years into doing mostly Java, Python and C++ in a hedge fund. I left a small non-finance software firm where after a few years I was on 25k.
I'm thinking of moving across from a financial IT consultancy to a hedge fund. What are the hours like? I'm not that interested in working in a large IB (e.g RBS,CS pr ,MS) I've done that before and the work in that space is a lot less interesting now and has stagnated somewhat. I know this is a bit long winded but your skill-set matches exactly what I have but I don't have much opportunity to use it on a daily basis. Any comments or pointers will be really helpful.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#60is £50k enough to live in London on your own? (i.e. a one br flat)
Barely, if your lifestyle is western (can't leave in bad area), you like to have holidays abroad and what to save some money as well.