Earlier quoted context omitted.
It's good that you don't mind being poor, 'cause that's what you're gonna be. I hope that start-up is worth it.
Good bunch of guys, and they're helping me add backend development to my skillset. That's how I look at it. Don't care much for equity.
Poll: Full-time software engineers in London, what's your annual salary?
261–270 of 420 posts
Re: Poll: Full-time software engineers in London, what's your annual salary?
#262Earlier 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.
Yes, see here: http://www.thisismoney.co.uk/money/article-2269520/Best-paid... Some people seem dissapointed that developers are not being paid more than airline pilots: it's just not realistic outside of a boom economy (see: bay area).
Re: Poll: Full-time software engineers in London, what's your annual salary?
#263Earlier 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?
#26480k 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…
Re: Poll: Full-time software engineers in London, what's your annual salary?
#265Why 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…
They're not lower than in the States, they are lower than the bay area, which is a very, very small bit of the States. Also, it's dominated by a particular kind of business (VC funded startups) that have the cash and mandate to spend a lot of money on engineering salaries. These are not too common outside the bay area, and certainly not as concentrated anywhere.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#266Earlier quoted context omitted.
Not many advertised positions here in Leeds pay 50k. Senior roles seem to top out at 45k.
Look at large I.T service companies, e.g Accenture. They don't tend to advertise much, and you have to apply directly via their websites.
Re: Poll: Full-time software engineers in London, what's your annual salary?
#267Earlier quoted context omitted.
What is a "red brick"?
http://en.wikipedia.org/wiki/Red_brick_university One of 6 particular universities. A similar term in the USA would be something like Ivy League: http://en.wikipedia.org/wiki/Ivy_League
Re: Poll: Full-time software engineers in London, what's your annual salary?
#268Earlier quoted context omitted.
The analogy to the Ivy League is the Russell Group.
I think Oxbridge + Edinburgh is closer to Ivy League
Re: Poll: Full-time software engineers in London, what's your annual salary?
#269Having read all comments, I'm somewhat lost. I was hired in London in 2008 on £37K, it was my first programming job after uni, I had clean resume. Today a competent beginner with a few web projects under his belt easily gets around £45K. I'm hiring developers for my startup – http://www.makersacademy.com – and I wish I had more applicants. I'm happy to pay £350-450/day for a decent Ruby dev and or around £60K permane…