Comment by cosmodisk

6 years ago

It's a bit sad how the rest of the world don't put such reward for dev jobs.Even here, in London,I'd need to be a quant to pull such a salary.

The rest of the US does not pull such salaries. That's pretty exclusive Silicon Valley / Seattle.

  • And NYC. Finance IT management jobs at the senior levels pay a solid 3-500, senior devs 200+, with some sort of bonus structure being common. Then there are increasingly tech companies (something that used be pretty rare even 10 years ago), and for the tired, there are university and hospital IT jobs.

    However, rent is through the roof, on par with San Francisco. And a city with its own set of challenges.

    From what I hear and read, Seattle seems like one of the best bangs for the buck. As for myself, the lack of sunlight would make me want to live in London (at least I can fly two hours and see the Sun).

  • You can easily make $100-$120k in Houston and that’s still much higher than London salaries. I had offers for $135k in Connecticut, offers for $90k in Kansas City.. still vastly better than London and the rent is a hell of a lot cheaper.

    • £90k is around benchmark senior dev pay in London (band I'd say is £80k to £95k). I make a bunch more than that.

      London is a global city though and you'll always feel somewhat poor in this town unless you can compete with various foreign kleptocrats using it as a land bank, and that takes 8+ digits wealth.

London is an expensive town, so I'm sorry to hear that.

But for others -- dont be too jealous, because a lot of that high salary is just a rent premium and ends up with landowners. Great if you are a landowner, but otherwise, you're mostly breaking even after taxes and rent unless the markets riso to make your stock grant in the money. (and well, if all the math is on stock anyway, you can work anywhere and just buy some options on FAANG and be done with it, which is what I do.)

There are cases where you can do well (e.g., live with 2+ roommates in a tiny apt like some friends do.) -- but then, it isn't a sustainable thing.

  • > because a lot of that high salary is just a rent premium and ends up with landowners.

    And London has cheaper rent?

    • Right that point broke down pretty quickly. Rent in London is more expensive than most of the United States.

      I found pay-salary ratio worked best in Toronto provided you don't expect to own a home in the city.

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