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by randomname2 1803 days ago
London day rates I've seen for contractors are more like 700 - 900/day on average at places that pay a bit better and 1000+ for specialists. And base salaries I've seen advertised for senior developers at funded startups (e.g. Wagestream, Truelayer) are more like 105k now (more for higher levelings - i.e. Principal/Staff).
2 comments

Good news about the day rates! I wonder how much of this is about stack - most of my knowledge is of the generic Java development scene, and I'm extremely out of touch even with that now

On the permanent positions, that sounds like a seniority thing. The people I know aren't staff or principal. I know someone who's sort of head of engineering at a small but healthy startup, and I think he's on 120k or something.

To be clear I was saying 105k for senior, and more than that for staff/principal.

As to day rates I think it's rather about companies willing to pay a bit more to get better contractors rather than any specific stack.

Completely misread that, sorry! This is why i wasn't offered that kind of money.
I hope to see day rate contracting adapt to the new legislation and make a big return, though i'm not holding my breath.

As a data point, i'm London based, moved from £800 per day to £140k permanent position last year. "Lead Architect" role, whatever that means these days and ~18yrs experience in the industry. I'll be returning the contract work as soon as I see the market bouncing back.

7-900 is VERY high for dev contractors based on my view of the marketplace.