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by spacejogger
1378 days ago
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How are UK salaries competitive? Even in London, salaries are, at best, 50% of what they are in Silicon Valley for 'typical' companies. At FAANG companies (e.g.: the Google/FB/etc London offices), they are about 70% of what they are in Silicon Valley. Cost of living is higher in SV, but not that much higher. |
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There’s a higher density of well-funded companies in the US who can afford to pay high salaries, so it’s easier to find a high salary, but if you find a well-funded company in the UK (of which there are many, and growing) then you can earn comparably high amounts.
If you have a £150k salary in the UK — which is easy enough at Google, Facebook etc. — you will have a very high standard of living, so much so, that moving to the US to earn $300k/year at the same company would have very little impact on quality of life.