141–150 of 420 posts
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I'm calling BS on this, being a contractor. I spend around 10 mins a week invoicing. Nearly no time "marketing myself". I DO spending a bit of time saying "no, I have a contract" to recruiters tho.
Ditto, I don't need to put a huge amount of time into the admin side of things. The volume of recruiter emails & calls can be oppressing at times haha
This surprises me given how god-awful expensive London is. I remember it being one of those cities I've visited where I was like "how do people live here? what do all these people do?" Or maybe, like New York, you actually can live there fairly reasonably if you really know the place and know how to do it. As a visitor maybe I was paying tourist prices.
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Wow, I am shocked at the low salaries. There go my fantasies of doing software development in London. From what I've read about there's no way I could afford rents there on that salary.
Ex: City (finance) contract rates of £500-£700 per day are far from uncommon, if you have finance experience. Non finance, £400+ per day is not hard to find.
This surprises me given how god-awful expensive London is. I remember it being one of those cities I've visited where I was like "how do people live here? what do all these people do?" Or maybe, like New York, you actually can live there fairly reasonably if you really know the place and know how to do it. As a visitor maybe I was paying tourist prices.
Aside from travel (~£120/month), other costs are similar to elsewhere in the UK. There are decent, well priced (A salary in the £20-30k range would require careful money management, but you can live comfortably on £30k+.
I can live without be thinking about money. I pay £700 for my flat and £170 for transport (zone 4) and I can save about £250.
Nice attempt, but how do you correct for bias here? What type of people visit HN? What type of people visit HN that come from the UK? At what point of the day? Which people are happy to fill in a questionnaire that shows how little they earn? It is probably skewed in the direction of high wages. To know that I would recommend at least the same poll for another European city and for several American cities.
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£40k is not badly paid. It's significantly less than SV sure, but it's a lot more than the average UK salary.
Apparently it is about average for London http://www.london24.com/news/business/london_has_uk_s_highes... - London salaries are much higher than UK average.
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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.
In London? Sure, you could be laid off anytime, but if you can't land a new contract in two weeks then there's something wrong with you. Contract market in London is buzzing.
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Why is this the case? I'm a frontend dev for a startup in London and I make 18k annually (80% of that because I only work 4 days a week). It's peanuts, but luckily I don't mind being poor.
Do you mind sharing whereabouts in London you're staying? (Zone x, or slightly outside London...?) I was there for some years, and my rent was always around 8k a year. I find trying to live in an expensive city while on a low salary admirable.
I live in a flatshare, 40 minute door-to-door commute (via overground, luckily, not the tube) and the rent is about 4k a year.