Comment by HPsquared
1 year ago
On the other hand, the UK has all these cheap engineers. Is it just that they're not actually cheap, on the international market?
1 year ago
On the other hand, the UK has all these cheap engineers. Is it just that they're not actually cheap, on the international market?
Rent, taxes and industrial regulation plays a big part. As does power costs. Then there is political costs, it’s hard to rely on UK politicians not doing foolish things and tanking your company on a whim.
Cheap compared to the US. On-par for most of the Western world. Expensive on the international market.
Not really. UK salaries are largely comparable to those for a similar caliber of talent in China or India ($30-50k mid-career is doable in both markets).
The difference is countries like India, Czechia, Poland, Israel, Romania, etc all provide competitive tax incentives or subsidizes for R&D work, so you can hire competitive talent AND get preferential tax treatment.