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

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241–250 of 420 posts

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

#241
2007-2008: 28k in games industry.

2008-2011: 60k ( including bonus ) in finance.

2011-2012: 2013: 68k in educational software used by millions of kids.

As a lot of people mention here, only finance pays well in the UK. If you don't mind working in that you can earn quite a lot. The other route is contracting, but that works if you have a skill that is in demand.

I am very happy with my current job though I make roughly half what I could potentially get if I went back to finance.

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

#242
post #206

Earlier quoted context omitted.

Buses in London are a lot cheaper, it's £1.40 a trip, but the trips can be much longer than the relative speediness of the tube.

The bus is £2.40 now ...

The overwhelming majority of non-season ticket bus fares are paid via Oyster. The cost for paying by Oyster is £1.40

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

#243
post #192
post #169

Earlier quoted context omitted.

> I am from Europe but have friends in Ukraine.. Ukraine is in Europe.

Geographically yes, but politically and culturally the line gets a little blurry. I think parent meant to say "I am from the European Union".

but politically and culturally the line gets a little blurry

Politically and culturally, it's in Europe. Greek Orthodoxy and Greek-derived scripts are something you find in Europe since the Middle Ages.

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

#244

Earlier quoted context omitted.

£40k is not badly paid. It's significantly less than SV sure, but it's a lot more than the average UK salary.

It is when compared to other professions a GP (family doctor) earns on average well over £120k very few devs with say 10 years experience earn any where near that.

GPs in the UK earn an average of £103k if they're a partner in a practice or £54k to £81k if they work for a primary care trust - that is if they work directly for the NHS unlike many GPs who are self employed but contract their services to the NHS but who don't work for the NHS. [1]

They also have to go through a five or six year medical school and five years of post-graduate training along with profesional exams (MRCGP exams). They're also bit of an anomaly compared to other doctors in the UK - consultant salaries are between 75k and 100k according to the official pay bands [2]. The only way that most doctors can make serious money is by having a private practice along with the risks and costs that come with it (for point of reference, my other half is an obs and gynae surgeon and in that field the private insurance is £150k a year).

[1] http://www.telegraph.co.uk/health/9300823/Most-doctors-are-n... [2] http://www.nhscareers.nhs.uk/explore-by-career/doctors/pay-f...

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

#245
post #168
post #122

Earlier quoted context omitted.

Tell me about it. I moved overseas to Australia from London a few years ago. Same job, same company, 60% pay rise. Now I'm back in the UK the permanent salaries on offer seem like an insult. I have to go contracting to match it.

But isn't Australia 60% more expensive to live in than London? I know salaries are sky-high, but I'd heard there were living costs to match...

Sure is! But when you're spending a third on housing, a third on living and the last third goes to savings and international travel, well that last third goes a lot further on an Australian salary than a London one.

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

#246
post #74

Earlier quoted context omitted.

It's the legacy of the old class system rearing its ugly head. No matter how well educated, and from what prestigious colleges, (software) engineering is blue-collar work and will never be as well paid as the "graduate management fast-track" type with a sociology degree from a "red brick". Finance isn't highly paid for software work, it's fairly paid, by world standards, only because they contrary to popular belief,…

This applies to the US as well, but probably not as severely since software engineers aren't as underpaid in the US. Finance pays a fair market wage, which seems high by comparison to all the unfair players out there, but isn't actually that unreasonable. Startups pay a theoretically fair wage (if you accept valuations at face-value and exclude liquidation preferences). It's when you see the equity/cap table (2% for…

This comment nicely captures a misconception about how employment markets work.

If, stipulating the dollar value of the whole comp package, a comp package appears fair, it is still fair no matter what that company pays anyone else. Wages are "fair" or "unfair" based on prevailing rates and supply/demand.

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

#247
post #166

Earlier 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?

If you went to an 'elite' university a 2:1 would be generally taken to indicate that you worked hard, but you also had a social life as well. A 1st from an elite would not uncommonly come with the assumption that all you did is sit in your room and study for three years and that you might lack some of the softer skills.

All the above is, however, a massive generalisation.

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

#248
post #13

The 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 make 25k in Brighton as a graduate. Most of the jobs I applied for were 18-22k.

That does really quite grate. I got a 21k graduate software engineering job, when most graduate software jobs were in the 18-22k range, 13 years ago. It's like the salary range has been static for more than a decade, inflation be damned.

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

#249

Earlier quoted context omitted.

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

"The City" is a small area of London, in terms of business, the US equivalent of a financial district. http://en.wikipedia.org/wiki/City_of_London

It's the UK term for Wall Street. It doesn't have as much of the geographic connotation these days - working in Canary Wharf or a Mayfair hedge fund can all come under the phrase of 'working the in the city'

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

#250
post #129

Earlier quoted context omitted.

What about job applications? Almost every job application requires a degree in CS?

If you have some experience you can point to, say contributions to open source projects, your own personal website (that isn't just a generic blog site) or maybe some volunteering for a non-profit or something like that, you can get around it. Well, I guess it depends geographically where you are as well as what sort of position you're applying for. Maybe also consider getting your foot in the door via QA?

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