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

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261–270 of 420 posts

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

#261

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.

No mate, unless you are getting a significant cofounder-level stake in the project these guys are exploiting you.

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

#262
post #156

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.

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).

Why is that not realistic? An airline pilot can only fly one plane at a time. No matter how much he/she trains there are severe physical limitations on the value they can create. Software engineers can easily write code that generates millions of dollars of ongoing value and scales infinitely.

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

#263

Earlier 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…

I'm not particularly familiar with most of those cities, but the transportation system in SF is a joke compared to London's.

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

#264
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.

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…

My hours are pretty heavy: 55ish hours is an easy week, bad weeks can get a lot worse. It really varies team to team and I think a lot of people in my firm do 9-6 consistently, so if it's a dealbreaker then just ask about it explicitly during the interview. I'd definitely give it a shot (or a few shots, since the recuitment process is indeed a lottery)

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

#265

Why 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.

If you think the software engineer employment market in the bay area is dominated by VC funded startups you've spent far too much time on Hacker News.

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

#266
post #257

Earlier 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.

I recently saw Accenture advertising for a load of intermediate PHP developers in my region. They were being advertised through third party recruiters, so I got to see the salary, which was around 20K. On this occasion it was even lower than design agencies, who already struggle to find developers on their pay levels.

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

#267
post #114

Earlier 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

We call them brownstones in australia - because they are all made of sandstone

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

#268
post #133

Earlier quoted context omitted.

The analogy to the Ivy League is the Russell Group.

I think Oxbridge + Edinburgh is closer to Ivy League

What makes Edinburgh special in that regard? As far as I can gather the admissions standards and support levels aren't in the same league as Oxbridge. League table results are fairly high for most subjects, but not any more so than some other russell group members.

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

#269

Having 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…

[deleted]

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

#270
post #133

Earlier quoted context omitted.

The analogy to the Ivy League is the Russell Group.

I think Oxbridge + Edinburgh is closer to Ivy League

no, just oxbridge. in terms of prestige and difficulty of admission Edinburgh is well below other non-oxbridge universities...
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