Earlier quoted context omitted.
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.
Poll: Full-time software engineers in London, what's your annual salary?
171–180 of 420 posts
Re: Poll: Full-time software engineers in London, what's your annual salary?
#172Earlier quoted context omitted.
London cost of living isn't so bad. Public transport is cheap and abundant, competition keeps prices down for restaurants and shops, and there are a lot of free events to keep you busy. The main expense is in the accomodation, which most people in their 20s combat by sharing houses in undesirable areas. (This is a problem UK wide though as they have managed to keep our housing bubble inflated unlike in the US.) Londo…
Public transport in London is anything but cheap. It is simply the most expensive urban public transport system I know of in terms of cost of monthly passes (or travelcards). Currently a monthly travelcard in zones 1-2 is £116.80 ($177.30). In comparison, a similar monthly pass in New York costs $112, $74 in San Francisco, $167 in Tokyo, $84.50 in Paris, $99.95 in Berlin, $100 in Chicago, $67.96 in Melbourne and so o…
Re: Poll: Full-time software engineers in London, what's your annual salary?
#173Earlier quoted context omitted.
UK degrees are classified into four classes: 1st, upper and lower 2nd, and 3rd. A first corresponds to about an average of 70%, 2.1 60%, etc.
So then is a 2.1 considered impressive?
Re: Poll: Full-time software engineers in London, what's your annual salary?
#174My colleagues who are mainly contractors keep saying I should leave and become a contractor but I'm not sure about the uncertainty.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#175is £50k enough to live in London on your own? (i.e. a one br flat)
I live in Zone 4 in a 1 bedroom flat for £910 a month and I only earn £42k.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#176Re: Poll: Full-time software engineers in London, what's your annual salary?
#177Re: Poll: Full-time software engineers in London, what's your annual salary?
#178Wow, 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.
Contract wages are considerably higher, especially in London. In some cases, twice as high. If you have a little fire in your belly, and don't mind living with some uncertainty and a lot of change in your life, contracting in London can be great -- financially and otherwise. 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…
Re: Poll: Full-time software engineers in London, what's your annual salary?
#179Raised in one year up to £55K
Next job in another year £63K
Raised in one more year to £70K
Plus bonus (financial industry)
C#, Java, Matlab, real-time trading
Now quit the whole thing and doing my startup
Re: Poll: Full-time software engineers in London, what's your annual salary?
#180Why are the salaries so much lower than in the States? I know part of it is that demand outstrips supply here, so perhaps my question resolves to why there is less demand. I assume that the point of software is that it can be an efficiency multiplier, so if you hire someone to automate a process, that is either reducing costs or increasing revenue, which should be fundamentally valuable. I am deeply ignorant here and…
Outside of finance most profitable businesses do not have a culture of paying out those profits to the workforce, they pay management a lot and everyone else as little as they can. And don't forget that most businesses are not very profitable anyway. Europe has very few large profitable internet businesses, and not many small ones either. Bootstrapped businesses like to invest in growth not salaries. Many non startup…