4 ms·

The thing about London and the UK generally is the real money was historically in contracting. I reckon I was hitting the 6x. The perm market here has always

The thing about London and the UK generally is the real money was historically in contracting. I reckon I was hitting the 6x. The perm market here has always been silly.

dogma1138 6y ago
How much were you hitting? I haven’t seen contracts that go that high, I’m on 140K base + car allowance now (8K), in total I make around 220-215K cash w/ bonuses. employer pension is about another 20K or so a year. IR35 made contracting complicated but even before that I’ve never seen anything that gets you to SV levels of total comp.
- burntoutfire 6y ago
  I've heard of contracts of 250K-300K GBP for senior architects positions.
  - dogma1138 6y ago
    That’s around what my role is, but I’ve never seen anything close to 300K p/a contracts for those, at least not actually 300K bailable since you don’t get that many days on those daily rate. I’ve seen short term contracts with £1500-2000 day rates but you’ll be hard pressed to bill 200-250 days on that rate a year.
  - deleted 6y ago
    [deleted]
  - mikevm 6y ago
    For how long?
- ownagefool 6y ago
  1500 a day. Depends on the exchange rate at the time and how many days you wanna work, but it was over $500k at the time. Obviously you can earn similar or more as a high level in FANNG and the initital grant in the US is a lot better. 800-1000 is a lot more typical. Your salary is pretty hot though. I traded in contracting to be a CTO on a lot less than you are, but I got some lottery ticket stocks and will probably see us through an IPO, so feels like that's worth something.
  - dogma1138 6y ago
    Yeah I’ve seen and even been offered £1500+ contracts but those were relatively short term no where close to being enough to fill out 200+ billable days per year. You could get probably get to £150K or so over a year focusing on those contracts only 100 days billable is doable but usually you won’t find more than 5-6 months of those contracts per year. Hopefully the IPO will work out well for you :)

The thing about London and the UK generally is the real money was historically in contracting. I reckon I was hitting the 6x. The perm market here has always been silly.

dogma1138 6y ago

How much were you hitting? I haven’t seen contracts that go that high, I’m on 140K base + car allowance now (8K), in total I make around 220-215K cash w/ bonuses. employer pension is about another 20K or so a year. IR35 made contracting complicated but even before that I’ve never seen anything that gets you to SV levels of total comp.

burntoutfire 6y ago
I've heard of contracts of 250K-300K GBP for senior architects positions.
- dogma1138 6y ago
  That’s around what my role is, but I’ve never seen anything close to 300K p/a contracts for those, at least not actually 300K bailable since you don’t get that many days on those daily rate. I’ve seen short term contracts with £1500-2000 day rates but you’ll be hard pressed to bill 200-250 days on that rate a year.
- deleted 6y ago
  [deleted]
- mikevm 6y ago
  For how long?
ownagefool 6y ago
1500 a day. Depends on the exchange rate at the time and how many days you wanna work, but it was over $500k at the time. Obviously you can earn similar or more as a high level in FANNG and the initital grant in the US is a lot better. 800-1000 is a lot more typical. Your salary is pretty hot though. I traded in contracting to be a CTO on a lot less than you are, but I got some lottery ticket stocks and will probably see us through an IPO, so feels like that's worth something.
- dogma1138 6y ago
  Yeah I’ve seen and even been offered £1500+ contracts but those were relatively short term no where close to being enough to fill out 200+ billable days per year. You could get probably get to £150K or so over a year focusing on those contracts only 100 days billable is doable but usually you won’t find more than 5-6 months of those contracts per year. Hopefully the IPO will work out well for you :)