I find it odd though that people make so much less compared to their US counterparts. Does anyone know why that is? It's just supply and demand. When I was wor

I find it odd though that people make so much less compared to their US counterparts. Does anyone know why that is? It's just supply and demand. When I was working at Facebook they figured out what salary ranges they should pay in each country by doing a survey of how much software engineers were making and picking a target percentile. I might misremember but I believe Facebook was trying to pay 90th percentile salaries. Then every once in a while they would redo the survey, maybe you tweak it if an office has a hard time hiring, etc, but that's the core logic. I heard anecdotally that Google did it similarly. So in London the market is just paying software engineers less than they make in California, and so the large tech companies follow that market.