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UKite here, active in the London fintech scene. Everything I say is based purely on my perception of the situation. Anecdotally, I see more people in this sector moving to places such as Canada, Australia and New Zealand than to the USA. I think there is a perception here that while salaries might be higher in the USA, there are hidden costs both financially and socially (such as health insurance payments, getting to grips with the American "way of life" etc). The American "way of life" in particular is not seen as "glamorous" (again anecdotally) and I think most view it as a bit of a step down, while the other countries I mentioned are viewed as a step up. Afaik, there are more UK citizens living in Australia than all the rest of Europe combined. |
I came to Australia and had a good four years but now want to leave after the honeymoon period has worn off. I see all my UK friends doing nice interesting work and I'm stuck doing Python ETL sorry big data / data engineering as that's the demand that pays the bills. My partner is Aussie and want's to stay in Australia so I have some tough choices ahead, career or accept the Australia job market and stay with my partner. I know a few developer immigrants in Australia and they all seem to be over it work wise, COVID and not being to leave Australia to see family has been a big decision changer for most of them.
All my old UK friends and colleagues are now contracting. It seems full time salaries are low in the UK but if you are a contractor things are reasonably ok.Haven't been keeping in touch much but I think there's been recent IR35 changes so not sure how that's changed the contracting landscape. On the lower salaries it does look like they are now higher than when I left a few years ago but when you compare to USA it is still night and day.