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Poll: Full-time software engineers in London, what's your annual salary?

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61–70 of 420 posts

Re: Poll: Full-time software engineers in London, what's your annual salary?

#61

Given the way the City works, do you really want us to not include bonus?

Wait, could you explain to us outsiders "the way the City works?" Are bonuses that important?

"The City" is usually taken to mean the world of London finance, and in finance, bonuses are generally huge.

Re: Poll: Full-time software engineers in London, what's your annual salary?

#62
post #51

is £50k enough to live in London on your own? (i.e. a one br flat)

I lived comfortably in zone 2 on £40k a year.

I was paying £250 a week rent for a one bedroom flat in a complex with gym + pool in zone 2.

Rent prices are a little higher than they were two years ago now though!

Re: Poll: Full-time software engineers in London, what's your annual salary?

#63

We really need unions. These polls only help so much. Unfortunately also, there are both retard programmers, and actual programmers. I worked with a retard programmer, he thought that learning Django was a feat of strength...sigh..when I told him about OOP he almost shit his pants.

Unions ain't gonna happen. Not accepting low salaries could be a start.

Re: Poll: Full-time software engineers in London, what's your annual salary?

#64

I also see a lot of contracts around 400GBP a day in London for front end folks, thats around the 100K mark per year.

As a contractor you can spend a lot of time just marketing yourself, invoicing, etc. I'd imagine this is more like 50k per year in practice.

Re: Poll: Full-time software engineers in London, what's your annual salary?

#65
post #51

is £50k enough to live in London on your own? (i.e. a one br flat)

I lived comfortably in zone 2 on £40k a year. I was paying £250 a week rent for a one bedroom flat in a complex with gym + pool in zone 2. Rent prices are a little higher than they were two years ago now though!

Prices are generally higher now. How much were you spending on commute?

Re: Poll: Full-time software engineers in London, what's your annual salary?

#66
post #64

I also see a lot of contracts around 400GBP a day in London for front end folks, thats around the 100K mark per year.

As a contractor you can spend a lot of time just marketing yourself, invoicing, etc. I'd imagine this is more like 50k per year in practice.

Also there is a risk of being fired with a one week notice and not being able to find next gig for a couple of month. So 400 is not a lot, it is just an adequate minimum for London.

Re: Poll: Full-time software engineers in London, what's your annual salary?

#67
post #30

Earlier quoted context omitted.

Wait, could you explain to us outsiders "the way the City works?" Are bonuses that important?

In the City, you get hired based on a "total comp" package that includes salary and a practically guaranteed bonus, that can be as much as your base salary or even more.

Well that changes everything, maybe we should reboot this entire thread.

Re: Poll: Full-time software engineers in London, what's your annual salary?

#68
post #41
post #33

Earlier quoted context omitted.

Well, my wife recently started in France, with M.Eng. in CS, for what translates to around £25k/year. And that is considered well paid.

France is completely different, she is employed either hourly- a maximum of 35 hours/week- or employed daily, ie. 218 days a year (for starters). EDIT: @nawitus: Sorry but your data is totally useless for this purpose. 1) it's the whole economy, not just programmers and 2) it includes part time workers! To imply that full-time programmers in London are working on average less than a 40 hour week is so far from realit…

The average hours worked in France is 1500, UK 1600 and USA 1800[1]. Therefore if you factor in hours worked, a developer in France should be paid 83% of average salary in America and 94% of average salary in the United Kingdom. This of course assumes that everything else is equal (which is untrue). A 30k salary in UK should translate into 28k salary in France when you factor in the number of hours worked. We should really find the difference in hours worked for softare engineers, of course.

1. http://stats.oecd.org/Index.aspx?DatasetCode=ANHRS

Re: Poll: Full-time software engineers in London, what's your annual salary?

#69
If you live in London and do software for a salary, you better LOVE what you are doing and where you are doing it, 'cos you aint doing it for the money.

You might want to also ask daily rates for contractors... most of the salary rates I've seen are around 60-75% of what contractors go for, and London has a crazy number of contractors (I'd guess 75% contract, 25% full time?)

Re: Poll: Full-time software engineers in London, what's your annual salary?

#70
post #40

80k 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.

Is that 130 on top of 80? Are you doing trading systems / algo trading?
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