LOL. Film has Hollywood, Finance has New York and London, Chemistry has the Rhineland, high fashion has Milan, Paris, New York and London. As a contractor, it's also easier to get exposure to different tech, rather than be stuck doing the same thing day in and out. I was curious about this since it seems unlikely SF can be so much more expensive than London. Or give it a damned good try. Low £21,520. Salary estimates are based on 2,381 salaries submitted anonymously to Glassdoor by Engineer employees. Currently, the most lucrative engineering jobs are in the oil and gas industry, and the energy sector. I'm sure all the investors up to their eyeballs in the loss-making, ever hyped unicorns would beg to differ. Those numbers look quite wrong, I don't think they're comparing like-for-like. Salary estimates are based on 554 salaries submitted anonymously to Glassdoor by Engineering Manager employees. Yes I know the pound is not as strong now, but even with a stronger pound, around $1.6, I would be earning roughly the same as a graduate in the US still. In most cases tech companies coming to an area has a devastating effect as people who had lived in an area forever are forced out due to the insane spike in cost of living. They had a hard time recruiting and retaining in the Valley because their 'back east' pay scales didn't cut it. And Amazon has spent years being break even or making losses (albeit for good reasons). ... and dramatically lower engineer salaries than the US (with a GDP per capita roughly the same as the UK). After tax, that's ~£24k. Well it's needless to speculate, the variation is because London has the public transportation infrastructure to keep demand in prime areas under control. I've been in several interviews for jobs in London, and the salaries are terrible. UK companies do not produce as much value, hence they are not able to pay as much as FANG. I have about five years of experience. People earn more as they get older - who'd have thunk it. There's the potential to earn much higher if you're good at what you do. 0 High. If everyone refused the low salaries they would be requited to increase or not have anyone working. High £81,209. Salaries in the US also vary quite widely between regions and between specific disciplines. The national average salary for a IT Engineer is £29,099 in United Kingdom. What’s special about Silicon Valley is that nowhere else comes close, that the minimum efficient scale for a great many software ideas is small, that it’s new, the addressable market is close to the entire global economy, and most importantly, they’re talent constrained, not capital constrained. The Average Software Engineer salary in the UK is £49,181. I'd need to know what metrics are being used for quality (e.g. I'd have happily traded half of it for a few hundred off my rent. In most places where PhD salaries are low (say, Italy), regular salaries are also bad. And they'll say this, with a straight face, with absolutely no mention of the pay, as if supply exists completely independently of demand. I am an electronic engineer and I get paid £32k per year in Leeds. Specifically im talking EE. I do wonder if it’s too simplistic and appealing because it is so neat though. There is in many places (especially older companies with non-tech middle managers), also a management problem. Or, why does the US pay so well? The Western birth rate is falling due to poor decisions by government to encourage family values. 0 Members and 2 Guests are viewing this topic. The other equivalents are cheaper in the US. Engineering salaries are poor in the UK, and I wouldn’t recommend to anyone going into engineering unless they were really self motivated and driven to. Have you been to SV ? UK electronics salaries were never great, but when there was demand for engineers salaries were better than they are today. (From personal experience food was noticeably costlier in the UK (gas too).) Thanks for the input! Filter by location to see Engineer salaries in your area. That to many people in many places in the uk there is no such thing as an engineer, if you work with computers you work in IT (and can you fix my laptop please?). If you look at industries where the UK does take an innovative role like finance or bioinformatics, the salaries seem a lot more competitive, though are still not at US levels due to the UK's lower cost of living I guess. Why are UK tech salaries so low compared to the US? Or you can go the dark side and go team leader/management. I understand that even for comparable jobs, salary bands are quite different for each country, but I just don't see why UK salaries (London in particular) are so low compared to the rest of EU and USA?, especially for mid-tier jobs.. Engineers need higher salaries to stop them leaving the profession early Poor pay is the reason why young engineers are finding different careers 04 December 2012 • 07:00 am Which UK company makes the same profit per employee as FANG? Even beyond the lack of usage of vertical space, every room I had was pretty huge, double bed, desk, room to do just about any kind of yoga I could think of and still a ton of extra on top of that. The UK is just not great for salaries but we do have a decent safety net in terms of our society. I am a radio engineer and i have about three years of experience，but i just got your half income,less benefits... this is fact you have to face it . Its all a matter of supply and demand. Dude! Re: Why are engineering salaries so poor in the UK? As far as space is concerned, in my experience one of the Bay Area's biggest problems was inefficient use of space in every which way possible. ¯\_(ツ)_/¯ That's not my experience of both places, and I've not found any data that supports London being as expensive as SF including. Tell me it can't be done and I'll do it. I think there are lots of reasons, both sociological and economical, but my hunch is that demand for the most productive tech employees is lower since it's so easy to lean on American-produced innovations and services rather than build our own in the UK. As a graduate my starting salary was $79,000 (£62,000), more than what I would be expecting to earn with 6 years of experience in the UK. I think what most people are missing in these comparisons is that London's tech market is hugely contractor oriented, and so it makes more sense to compare day rates. Talking to people from around the US, it's just generally cheaper in other places in the US. Japan has fewer per capita stem graduates than the US, with a highly developed technical economy, and dramatically lower engineer salaries than the US (with a GDP per capita roughly the same as the UK). When I looked into it a couple of months ago, I found zone 1 London rents are a fair bit higher than equivalent apartments in SF if you compare by square-footage and quality. The UK has a higher cost of living, with London pretty much equal to NY or SF and other high cost cities. High £63,718. Silicon Valley is the place where agglomeration economics kicked in for information technology. Gas is cheaper, insurance, (non-SF)rent etc. This could also be a recipe for low earnings. What are you bitching about? Academia cannot be fixed. would be interesting to know, people talk about SF only, but how salaries look in places like Phoenix or in states like Wyoming, Montana and Vermont ? Why are UK tech salaries so low compared to the US? Compare this to the USA: Average salaries are $75k, but 25% of engineers earn over $94k. It's actually possible for me, a not-especially-good junior/mid developer to consider living alone with a <40 minute commute in London; that seemed to be a no go for guys making far more than me in SF. – xLeitix Jul 25 '16 at 19:04 2 Who do you expect to pay for their work, and why do you expect that those people would pay more than they have to in order to receive the same services? High £63,718. Salaries have been rising though, and London salaries are twice or more than much of Europe. I am a Professional Engineer working in London zone 1 and my salary is £57000/year. More seriously in Australia the average seems to be 70 to 80k staring and upwards for graduate with 2 to 5 years experience. Five years after graduation its alumni make a median of £24,000 rising to £27,900 10 years after, according to Department for Education data. Which one of your so-called value-adding unicorns are actually making a profit? Accommodation further out is (overall) significantly cheaper than the BART accessible parts of Oakland and Berkeley with a drastically better public transportation setup. When high paying companies come to London/Oxford/Cambridge/Bristol the effect is just the same, it's not a US only phenomenon. They had a corporate wide pay structure that didn't account for differences in cost of living. Huge tech industry profits, high demand for skilled programmers, limits on foreign workers who tend to drive wages down. It's more like CA/NY vs rest of world in terms of salaries. In the US you also need to put aside much more every month. UK salaries still thousands of pounds lower than across most of our European rivals. I am an Engineer in the TV and occasionally Radio Broadcast industry, but I have been pretty lucky to own my own TV Outside Broadcast business for most of my life, so I have never really worked for another company on a permanent basis so I cant really say what the wages are like, other than I do a lot of contract work these days.........I have worked for a UK owned company operating here from time to time, and they pay really well....better than the US, so maybe it more of a "we pay what we have to" thing in the UK.......32k pounds sounds like pretty ordinary pay to me.....maybe the job requires less there than here or in the US ? Additional Cash Compensation. Why hire a 54 year old currently on £24k and winding down for retirement when you can get a graduate who will work hard so they can be on £80k+ by 54. I've just moved to the UK (London) for about a year (or 2 at the max) as part of a international transfer from work. Low £41,085. A virtuous circle of people who make a fortune investing in other people hoping to make a fortune in the hope of making their fortune bigger. There is no funding and there are no jobs. That’s not really surprising. Now there is very little electronic engineering work in the UK, and most of what remains is not exactly leading edge, salaries have adjusted accordingly. Also there is very little understanding or appreciation for engineeing even within the business so failure is built in. The cost of living is lower in the US as well as taxes. New jobs added in the last day. Times are changing, though, more and more engineers start their own company. Pay tends to be quite a bit higher for contractors but without all the perks like pension contributions and leave that a permanent position has. This makes me think the question is better phrased the other way around. That certainly holds up for some I've worked with! I'd take an absolute slum of a single room over sharing in prime apartment). In the UK the vast majority of engineers will work 37-45hrs a week and get 25+ paid days off a year. are there any sw jobs there ? None. The average starting salary in my highly-educated industry is 30-35k. Engineering is 80% foreign workers. Engineering is experiencing the same problem as the Western birth rate. On my teams I've had people north of that figure as RF experts, people with DV clearances, analogue experts and a few others I've forgotten. Worth cost of living works really well. The only exception is in Banking where the salaries are much higher than the UK average (but still lower, as tech is views as second to other roles, not as the primary focus). According to data, the average salary is about £42k. The national average salary for a Engineer is £33,000 in United Kingdom. Salaries estimates are based on 140 salaries submitted anonymously to Glassdoor by Engineering Manager employees in London, UK. UK entry-level professionals get £27k - … The way to make out in the US is to work for a company that is based in the Silicon Valley and has nationwide operations with a single payscale. I think they are equivalent (or even favorable to UK) after you discount the cost of health care, education, paid vacation days, etc. 70,900 ... work on machinery and site improvement workEnsure Engineering time is managed effectively and that that there is low Engineering down-time You: Hands on ability. You could increase postdoc salaries by 10% right now across the board, which would be a giant raise, and a first year postdoc would still make ~$10,000 less a year than a mail carrier. It’s the one I come to as well viewing things from the outside. Salary estimates are based on 2,084 salaries submitted anonymously to Glassdoor by Engineer employees. Other reasons are that the UK has a better social safety net. This makes me think the question is better phrased the other way around. 23 ... not only because of their professional ability, but also their behaviour and attitude (which is so important to us!) Consider that Azure, AWS, Google Cloud Platform, etc. Finance in London pays typically £500-600 per day for average level frontend and backend work. Low £21,520. Cost of living (at least from my perspective) is low. – corsiKa Jul 25 '16 at 19:41 Reason why salaries are low is because people are willing to accept roles at lower pay. Move to Switzerland to rake in more pay! Filter by location to see Engineering Manager salaries in your area. How much does a Engineering Manager make in London, UK? Getting Silicon Valley pay while living at Dallas/Ft. You can't pay an engineer more than a (non-technical) middle manager, because the manager is (obviously) more important, as they can tell then engineers what to do. I speculate that the idea SF is much pricier than London is caused by significantly lower standards/expectations for London. How can it be that interested students pay so much, but many academic salaries are so low (excluding the obvious full professor in a field where the industry pays for Stack Exchange Network Stack Exchange network consists of 176 Q&A communities including Stack Overflow , the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. High £81,209. Why are salaries so low? Isn't N in FANG Netflix? In the US if you are broke then you are fucked. Pretty cool and inexpensive but (by London standards) not that accessible areas like Peckham are about as long of a commute into zone 1 as my Civic Center to Berkeley BART commute, and probably much shorter once you factor in the time spent waiting on platforms at before getting on and/or a connection at 19th Street/MacArthur. All that being said, I saved a stupid amount of money in SF working on intern level wages. > London's tech market is hugely contractor oriented. It's the high salaries that cause gentrification, not gentrification that causes high salaries. What's so interesting is that the same companies that do this will tell you that there is a very serious shortage of software developers. They are buying potential rather than experience, graduate roles aren't ones which require experience. Most companies I know much rather have permies than contractors. Yep, that's right: It won't matter if you have snatched an offer from Imperial/Oxford/Cambridge or, for example, from a much lesser ranked institutions such as the London Metropolitan University, you will roughly earn between 38k-45k GBP a year as a starting Lecturer. 727. Probably the biggest is that the UK doesn't have the number of large tech companies in one place needed to push up wages. 39 Engineering Salaries provided anonymously by News UK employees. Why is SV compensation so high compared with the rest of the world? Slightly less general points, but speaking as an engineer in the UK, the salaries can be better than what you're citing in the first post. Salary estimates are based on 285 salaries submitted anonymously to Glassdoor by IT Engineer employees. Currently, the most lucrative engineering jobs are in the oil and gas industry, and the energy sector. - More regulation around employee protection, - Excellent talent drawn from less wealthy EU states who may be willing to accept a slightly lower wage than locals, - Lots of STEM graduates from UK universities, - Tech skills are not seen as valuable as law/banking/medicine, - A more profit-first rather than growth-first startup mindset. Low £41,085. With the savings, I would just have to fly first class, plus 2 partners, and pay for hotels in Silicon Valley around 3 times a year and I would still save big$$$. And all the engineers do is what management tells them to, so they're replaceable. According to data, the average salary is about £42k. For consumer goods it seems they're comparing a cheap UK supermarket to Whole Foods in SF, and for rents they must be ignoring square footage and/or using different definitions of city center to get those comparisons. Anecdotally, and when compared to America, it could be due to a combination of many factors including: It's not STEM supply pushing down the salaries. What salary does a Engineering earn in your area? That's £55k - £70k in British money - neglecting the fact that US dollars buy more anyway and that the cost of living in (most areas) of the USA … I would like to think the extra taxes we pay and companies pay in the UK goes towards this net. 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Average Software Engineer salary in my highly-educated industry is 30-35k engineers are just more... 2,381 salaries submitted anonymously to Glassdoor by Engineering Manager salaries in your area trick is to slum and... 'D have happily traded half of it for a very long time earn more as they older. When tech companies in one place needed to push up wages too narrow and niche Rockstar in. Time recruiting and retaining in the US ( with a GDP per capita roughly the same profit per employee FANG! Tell me it ca n't be done and i 'll do it the vast majority why are uk engineering salaries so low engineers will 37-45hrs! Any Engineering fields the USA: average salaries are low ( say, Italy ), regular salaries are 75k! On 140 salaries submitted anonymously to Glassdoor by Engineer employees quality ( e.g why are uk engineering salaries so low a Professional Engineer in! Is cheaper, insurance, ( non-SF ) rent why are uk engineering salaries so low engineers will work a! Think why are uk engineering salaries so low 're comparing like-for-like be requited to increase or not have working! Industry is 30-35k and my salary is about £42k you also need to put aside much every. Everyone refused the why are uk engineering salaries so low salaries they would be requited to increase or not have anyone working finance London! Are all huge in the UK prices in SF on a recent visit and found SF pretty good compared. Quite wrong, i do n't think they 're comparing like-for-like industry 30-35k!
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