5 ms·

GBP? Who is offering these salaries?

by plugin-baby 3y ago

smikhanov 3y ago
Nobody does in tech. The parent comment got it wrong.
- FirmwareBurner 3y ago
  I wonder how can people throw around such fantasy numbers with a straight face as if anyone can easy get them with a bit of work and elbow grease. I don't doubt he's making that kind of money but it would be nice to not push cases of obvious survivorship bias as being the norm.
- mgaunard 3y ago
  Yearly tech compensation ranges from 100k to 1M. I'm sorry you feel like that must be a lie.
  - FirmwareBurner 3y ago
    Yes and I make 5M. A month.
    - mgaunard 3y ago
      I'm just pointing out the reality of the market, while you're just spouting nonsense.
      - FirmwareBurner 3y ago
        Reality? Reality needs some proof or sources mate. Can you provide any of those for your claims? Because otherwise online everyone is the crown prince of Arabia, over 6ft tall and 12 inches uncut.
      - smikhanov 3y ago
        You wouldn’t have a job ad link would you? Give me a generic description of any 300K+ position you know of? I will understand whether it’s real. Something like “Business-side director level position on a trading floor in a multinational investment bank” (those people don’t make 300K, this is just an example).
        mgaunard 3y ago
        You can find the pay by role for any of the big tech companies online -- it's all open. Obviously the range I gave goes all the way from junior engineer to CTO, is in USD, and reflects pay at top institutions.
        smikhanov 3y ago
        I see, so you won’t
scrlk 3y ago
Trading firms?
- smikhanov 3y ago
  Not as a base salary, no. They would have a performance bonus (you’ll keep a percentage of your trading income done via firm), but even then making £300-400K/year is… challenging
FirmwareBurner 3y ago
I assume it's one of those contractor gigs in the city that pays 1000+ GBP/day.
- smikhanov 3y ago
  £1000/day is still “just” around £250K/year, and at this daily rate you won’t have it easy as a contractor. Highly paid gigs are not as plentiful, are normally shorter, and require very active search and sales work. You always need to find your next similar consulting gig quickly once your current one is over — every day of downtime or non-billable work between gigs costs you £1000! In short, parent comment got it wrong, tech in London doesn’t pay you £300-400K/year.
  - plugin-baby 3y ago
    > around £250K/year and once you’ve taken public holidays and leave into account, it’s closer to 200k
  - mgaunard 3y ago
    Consultants make less than employees can, since they have no upside.

GBP? Who is offering these salaries?

smikhanov 3y ago

Nobody does in tech. The parent comment got it wrong.

FirmwareBurner 3y ago
I wonder how can people throw around such fantasy numbers with a straight face as if anyone can easy get them with a bit of work and elbow grease. I don't doubt he's making that kind of money but it would be nice to not push cases of obvious survivorship bias as being the norm.
mgaunard 3y ago
Yearly tech compensation ranges from 100k to 1M. I'm sorry you feel like that must be a lie.
- FirmwareBurner 3y ago
  Yes and I make 5M. A month.
  - mgaunard 3y ago
    I'm just pointing out the reality of the market, while you're just spouting nonsense.
    - FirmwareBurner 3y ago
      Reality? Reality needs some proof or sources mate. Can you provide any of those for your claims? Because otherwise online everyone is the crown prince of Arabia, over 6ft tall and 12 inches uncut.
    - smikhanov 3y ago
      You wouldn’t have a job ad link would you? Give me a generic description of any 300K+ position you know of? I will understand whether it’s real. Something like “Business-side director level position on a trading floor in a multinational investment bank” (those people don’t make 300K, this is just an example).
      - mgaunard 3y ago
        You can find the pay by role for any of the big tech companies online -- it's all open. Obviously the range I gave goes all the way from junior engineer to CTO, is in USD, and reflects pay at top institutions.
        smikhanov 3y ago
        I see, so you won’t

scrlk 3y ago

Trading firms?

smikhanov 3y ago
Not as a base salary, no. They would have a performance bonus (you’ll keep a percentage of your trading income done via firm), but even then making £300-400K/year is… challenging

FirmwareBurner 3y ago

I assume it's one of those contractor gigs in the city that pays 1000+ GBP/day.

smikhanov 3y ago
£1000/day is still “just” around £250K/year, and at this daily rate you won’t have it easy as a contractor. Highly paid gigs are not as plentiful, are normally shorter, and require very active search and sales work. You always need to find your next similar consulting gig quickly once your current one is over — every day of downtime or non-billable work between gigs costs you £1000! In short, parent comment got it wrong, tech in London doesn’t pay you £300-400K/year.
- plugin-baby 3y ago
  > around £250K/year and once you’ve taken public holidays and leave into account, it’s closer to 200k
- mgaunard 3y ago
  Consultants make less than employees can, since they have no upside.