3 ms·
A lot of non-sense in the comments about TC/ money. I have worked at FAANG for a long time, both in the Bay Area and in London. My experience is: - TC is lower
by 342ljlas 5y ago
A lot of non-sense in the comments about TC/ money. I have worked at FAANG for a long time, both in the Bay Area and in London. My experience is:
- TC is lower, but how much lower is highly dependent on your level as the multiplier on base is smaller than the multiplier on stock refreshers.
If you are very senior, then the total difference will be ~10-15% (TC), which is arguably not that large.
- Private schools are generally cheaper in the UK.
- The UK does not have a property tax (!).
So, all in all, at very senior levels the difference is gonna be much less about TC/money and much more where you find more desirable to live.
- shantnutiwari 5y ago> The UK does not have a property tax (!). It most certainly does, and is called council tax, based on the value of your property, plus other factors
- deleted 5y ago[deleted]
- gpderetta 5y agoAs you pay council tax as a tenant, it is a bit different from a property tax. Is more of a services tax. Also the valuation used is often very outdated and I believe regressive.
- Balero 5y agoIt is based on the value of your property in 1993, which can lead to some weird payment. Also it is generally much lower for expensive properties than Californias property tax.
- mmarq 5y agoCouncil tax is paid by tenants and it’s ridiculously low compared to property prices.