Employers bow to tech workers in hottest job market since the dot-com era

Re:Employers bow to tech workers in hottest job market since... by dom96 on Monday August 02, 2021 @06:03AM (#28034781)

I wish this was the case in London. I'm at a FAANG and have recently done a few interview loops with non-FAANG companies based in London (as well as a few that are based in SF but hire remote in London) and all were offering <40% of my current TC. When I told them my current TC they offered 50% of my current TC.

Starting to wonder if there is simply no chance of getting even close to the FAANG TC and whether I'm stuck for the 4 years at my current job.

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Re:Employers bow to tech workers in hottest job market since... by shawabawa3 on Monday August 02, 2021 @10:25AM (#28036913)

Tech compensation is weird in London.

Local/non-FAANG companies pay around $50-130k USD equiv total comp (£35-100k) for junior -> senior software engineer

FAANG pay $150k at least for junior positions. If you're a senior engineer in London you can get a 50% pay bump for becoming a junior at a FAANG company. (I personally went from senior non-fang to mid-level fang for roughly triple my total comp)

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