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Re:Zuckerberg says employees moving out of Silicon Valley ma... by TeMPOraL on Thursday May 21, 2020 @05:18PM (#23265496)
Was that 4x the salary truly 4x, after subtracting out the costs of living?

I got an offer for an on-site job in London the other day, that would technically be ~1.5x salary boost - and ~5x the salary I had the last time I worked for a local company. But after subtracting out the costs of living, it turned out it would be effectively a 3x salary decrease, and at the same time a significant degradation in the standards of living. Turns out, London isn't a particularly friendly place for a couple with a toddler to move to.

Re:Zuckerberg says employees moving out of Silicon Valley ma... by Tade0 on Thursday May 21, 2020 @06:59PM (#23266577)
Given that it was Zürich where CHF = PLN looking at sticker prices(with exceptions), my cost of living as a percentage of salary actually went down since I was renting a room instead of a whole apartment.

In terms of what I could nominally save every month the difference was enormous.

But yeah, with a child on board I would definitely have to get something larger paying somewhere in the order of 25-35% of my salary. But that's just CHF = PLN again, so no increase here.

Re:Zuckerberg says employees moving out of Silicon Valley ma... by foogazi on Thursday May 21, 2020 @05:55PM (#23265910)
> it turned out it would be effectively a 3x salary decrease

What do you mean by 3x decrease? X/3 ?

Re:Zuckerberg says employees moving out of Silicon Valley ma... by TeMPOraL on Thursday May 21, 2020 @05:58PM (#23265954)
Right. Bad phrasing. I meant X/3. I.e. after subtracting the essentials, I'd be able to afford 1/3 of good and services equivalent to what I could afford in my current location on previous salary.
Re:Zuckerberg says employees moving out of Silicon Valley ma... by pertymcpert on Thursday May 21, 2020 @06:39PM (#23266369)
If you're only being offered 1.5x your salary to move to London, then assuming you're in Poland, your current salary is very high for your region.
Re:Zuckerberg says employees moving out of Silicon Valley ma... by TeMPOraL on Thursday May 21, 2020 @06:59PM (#23266584)
The salary I referenced is high for the region in general (and I had it on a remote contract with an US company, though in hindsight, it was under market rate), but not necessarily for our industry, for the position I would be otherwise aiming for locally.

From my calculations, London works out quite well if you're single and willing to sacrifice heavily on the living space. It also works out a-OKish for two-income families with children at kindergarten age. Not so well with a toddler; I was shocked to discover that daycare costs more than rent on a two-bedroom flat west-side.

Re:Zuckerberg says employees moving out of Silicon Valley ma... by Tade0 on Thursday May 21, 2020 @07:29PM (#23266861)
A lot has changed over the years here.

My friends in Warsaw are pulling anywhere in the range of $55-65k per annum before taxes - that's at corona rates, which knocked close to 8% off our currency's value.