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I’m very skeptical that Brexit’s negative consequences will ever be so unambiguous that people admit them. There will always be some non-Brexit excuse. Equally,
by bambataa 4y ago
I’m very skeptical that Brexit’s negative consequences will ever be so unambiguous that people admit them. There will always be some non-Brexit excuse. Equally, remainers are too keen to blame everything on Brexit.
Reading the UK personal finance subreddit is really sobering. Most people’s idea of a high salary (even in good industries) is less than a mediocre junior dev salary in the US.
I feel extremely fortunate to have moved into tech when I did, but even there only American companies offer top tier wages. Are there any British companies competing with FAANGs on salary?
On the plus side, maybe inflation is good for indebtedness?
- HDThoreaun 4y agoThere are effectively no non-American corporations competing with FAANGs on salary. Not at any real scale.
- _benedict 4y agoFAANG in London are competing with finance, and there are plenty of non-American firms in finance paying high salaries.
- ProZsolt 4y agoFAANG in London pay way less than finance
- _benedict 4y agoThat would only seem to confirm my point. There are plenty of non-US firms competing with FAANG comp in London.
- HDThoreaun 4y agoSure, I was thinking about software engineer salaries, but finance definitely has positions that pay FAANG wages. Those companies aren't really competing with FAANG though since they're looking for different people.
- _benedict 4y agoI’m referring to software engineers in finance? They are definitely looking for the same people.
- drowsspa 4y agoUS tech salaries are like triple the rest of the world, I don't think that's a good example.
- retrac98 4y agoIt doesn’t erase the gap, but it’s worth mentioning the cost of living here is much lower than a lot of hubs in the US. For example, I live less than an hour from London and my total monthly outgoings (including a mortgage) are less than £2,000.