4 ms·

Have you lined this up already? Do you have examples of places paying London salaries to remote employees?

sokoloff 8y ago
London salaries are surprisingly low to this US-based employer with employees in a handful of cities around the world. I was expecting “NYC salaries” and instead found more like “Atlanta salaries” which I can’t figure out how the economics works for London-based employees. Given that, lots of US employers with remote work available will be able to hit London salary level I think.
- mothsonasloth 8y ago
  You are correct, a lot of US companies are setting up shop in the UK, some examples are JP Morgan and Morgan Stanley in Glasgow. Its a happy medium from going full outsource to Asia
- Havoc 8y ago
  >which I can’t figure out how the economics works for London-based employees. They don't. Much like SF it appeals to people though so they flock to it anyway
- badpun 8y ago
  > I can’t figure out how the economics works for London-based employees. Well, they don't have the privilege of being able to work in the US, so basically it is what it is.
  - Fukkaudeku 8y ago
    "privilege"
- walshemj 8y ago
  We are considered "greasy" engineers second class professionals London is well know as a place to get good engineers who will work cheaply. Though London has far better public transport so living 60 miles away and commuting by train isn't to bad.
- fastball 8y ago
  London is an amazing city. I don't think there is much more to it than that. People just enjoy living there even if it doesn't make as much sense economically.
  - mothsonasloth 8y ago
    I disagree. The pollution, increase in knife and gang crime, work yourself to death culture and overcrowding due to immigration. This makes London not feasible for the long term. If you look at statistics of immigration / emigration from London by age. Anyone below 30 is net migration, whilst above 30 its the opposite.
    - s0rce 8y ago
      People say the exact same things about the bay area.
    - fastball 8y ago
      Ok, well you are in the minority of people who don't think London is an amazing city then. Not really sure what your point is. It's still a place people want to live, even if quality of life is lower than other places. It's just that desirable in many people's minds.
mothsonasloth 8y ago
Its not concrete yet but I've been searching for about 4 months now for a suitable remote job. The main hurdles have been that many remote jobs in the US are restricted to US only. Other things have been tech stacks; I am a Java/Go/C++ with SQL person, whilst most remote companies use Ruby/Python/Node.js with NoSQL. Check wfh.io , remoteok.io
jypepin 8y ago
a lot of companies pay salaries agnostic to where you are. Or do very little adjustment. You can look at buffer's new pay system (it's all open). A lot of other remote company do the same or something pretty similar.
- walshemj 8y ago
  Google doesn't - why would they pay the same for a physically present vs a remote.
  - ghaff 8y ago
    Well, Google tends not to favor remote. However, at least within a given country, a lot of companies who support having remote employees don't vary salaries a lot based on where you live. Of course, many things go into how much someone is paid and competition with local companies may be one of those things. But most companies with remote workers aren't going to suddenly give you a big raise if you move from Akron to San Francisco.
  - jypepin 8y ago
    Google is one example. And AFAIK they don't support remote work. So they have offices in multiple countries, and usually pay a salary related to the local market. Most big companies with offices around the world adjust their salaries to local market because it is yet another way to optimise, and with a physical location, it doesn't make sense not to level. It's also how they budgeted the office to decide if it's worth having or not. So salaries in most locales will be way closer to the market. I moved myself from SF to Amsterdam (staying with the same employer) and my salary was cut by roughly 40% for this reason. For a remote company, the approach to hiring might be a little different. They need a new engineer, they budget the new engineer, not knowing where the engineer will be located, so even if the engineer is located somewhere cheaper, lowering the salary won't be too much of a deal. That's usually what you see. For example, buffer will pay 100% for SF and 85% (I think) for a city like Amsterdam. That different is much lower than what you'd get at Google, etc.

London salaries are surprisingly low to this US-based employer with employees in a handful of cities around the world. I was expecting “NYC salaries” and instead found more like “Atlanta salaries” which I can’t figure out how the economics works for London-based employees. Given that, lots of US employers with remote work available will be able to hit London salary level I think.

mothsonasloth 8y ago
You are correct, a lot of US companies are setting up shop in the UK, some examples are JP Morgan and Morgan Stanley in Glasgow. Its a happy medium from going full outsource to Asia
Havoc 8y ago
>which I can’t figure out how the economics works for London-based employees. They don't. Much like SF it appeals to people though so they flock to it anyway
badpun 8y ago
> I can’t figure out how the economics works for London-based employees. Well, they don't have the privilege of being able to work in the US, so basically it is what it is.
- Fukkaudeku 8y ago
  "privilege"
walshemj 8y ago
We are considered "greasy" engineers second class professionals London is well know as a place to get good engineers who will work cheaply. Though London has far better public transport so living 60 miles away and commuting by train isn't to bad.
fastball 8y ago
London is an amazing city. I don't think there is much more to it than that. People just enjoy living there even if it doesn't make as much sense economically.
- mothsonasloth 8y ago
  I disagree. The pollution, increase in knife and gang crime, work yourself to death culture and overcrowding due to immigration. This makes London not feasible for the long term. If you look at statistics of immigration / emigration from London by age. Anyone below 30 is net migration, whilst above 30 its the opposite.
  - s0rce 8y ago
    People say the exact same things about the bay area.
  - fastball 8y ago
    Ok, well you are in the minority of people who don't think London is an amazing city then. Not really sure what your point is. It's still a place people want to live, even if quality of life is lower than other places. It's just that desirable in many people's minds.

mothsonasloth 8y ago

Its not concrete yet but I've been searching for about 4 months now for a suitable remote job. The main hurdles have been that many remote jobs in the US are restricted to US only. Other things have been tech stacks; I am a Java/Go/C++ with SQL person, whilst most remote companies use Ruby/Python/Node.js with NoSQL. Check wfh.io , remoteok.io

jypepin 8y ago

a lot of companies pay salaries agnostic to where you are. Or do very little adjustment. You can look at buffer's new pay system (it's all open). A lot of other remote company do the same or something pretty similar.

walshemj 8y ago
Google doesn't - why would they pay the same for a physically present vs a remote.
- ghaff 8y ago
  Well, Google tends not to favor remote. However, at least within a given country, a lot of companies who support having remote employees don't vary salaries a lot based on where you live. Of course, many things go into how much someone is paid and competition with local companies may be one of those things. But most companies with remote workers aren't going to suddenly give you a big raise if you move from Akron to San Francisco.
- jypepin 8y ago
  Google is one example. And AFAIK they don't support remote work. So they have offices in multiple countries, and usually pay a salary related to the local market. Most big companies with offices around the world adjust their salaries to local market because it is yet another way to optimise, and with a physical location, it doesn't make sense not to level. It's also how they budgeted the office to decide if it's worth having or not. So salaries in most locales will be way closer to the market. I moved myself from SF to Amsterdam (staying with the same employer) and my salary was cut by roughly 40% for this reason. For a remote company, the approach to hiring might be a little different. They need a new engineer, they budget the new engineer, not knowing where the engineer will be located, so even if the engineer is located somewhere cheaper, lowering the salary won't be too much of a deal. That's usually what you see. For example, buffer will pay 100% for SF and 85% (I think) for a city like Amsterdam. That different is much lower than what you'd get at Google, etc.