[sokoloff]

London salaries are surprisingly low to this US-based employer with employees in a handful of cities around the world.

I was expecting “NYC salaries” and instead found more like “Atlanta salaries” which I can’t figure out how the economics works for London-based employees.

Given that, lots of US employers with remote work available will be able to hit London salary level I think.

[walshemj]

We are considered "greasy" engineers second class professionals London is well know as a place to get good engineers who will work cheaply.

Though London has far better public transport so living 60 miles away and commuting by train isn't to bad.

[fastball]

London is an amazing city.

I don't think there is much more to it than that. People just enjoy living there even if it doesn't make as much sense economically.

[mothsonasloth]

I disagree.

The pollution, increase in knife and gang crime, work yourself to death culture and overcrowding due to immigration.

This makes London not feasible for the long term. If you look at statistics of immigration / emigration from London by age. Anyone below 30 is net migration, whilst above 30 its the opposite.

[fastball]

Ok, well you are in the minority of people who don't think London is an amazing city then. Not really sure what your point is. It's still a place people want to live, even if quality of life is lower than other places. It's just that desirable in many people's minds.

[s0rce]

People say the exact same things about the bay area.

[Havoc]

>which I can’t figure out how the economics works for London-based employees.

They don't. Much like SF it appeals to people though so they flock to it anyway

[badpun]

> I can’t figure out how the economics works for London-based employees.

Well, they don't have the privilege of being able to work in the US, so basically it is what it is.

[mothsonasloth]

You are correct, a lot of US companies are setting up shop in the UK, some examples are JP Morgan and Morgan Stanley in Glasgow.

Its a happy medium from going full outsource to Asia