Comment by rconti
1 day ago
How's the comp? From HN I had gotten the feeling that the UK was worse than most of western europe in that regard.
1 day ago
How's the comp? From HN I had gotten the feeling that the UK was worse than most of western europe in that regard.
Depends on the company, but typical junior salaries are £35-45k a year, mid level around £50-65k year and senior somewhere between £65-85k a year. Obviously you have FAANG who pay significantly more and finance firms, but they are not the majority, and I've hired or have friends being paid in these ranges who are extremely talented and from top unis.
Upper ranges for all levels accross the very highest paying employees are £100-400k when including bonuses usually. Usually these are quant/quant-dev jobs and FAANG.
According to levels.fyi London is basically the best paying non-US city, I think maybe beaten by some Swiss cities.
I've always found levels.fyi to be a little pessimistic for the UK when compared with commercially-available benchmarking services.
I suspect it's because people on PAYE tend to think of their basic salary + bonus + income tax, but disregard NICS, pension, paid holidays, and other benefits. They end up reporting a total package that's 10-20% lower than it actually is.