I don’t think this is sustainable as it is currently though as companies are losing out by not retaining talent and experience internally, so it wouldn’t surprise me if we start seeing permanent salaries increasing significantly in the next few years. Comparing apples to apples, were you to use the historical average exchange rate of ~$1.6 per £, salaries are comparable after pricing in the difference in market demand (c.20-30%). Agreed. For a breakdown of the many factors that determine how a software engineer gets paid, take a look at the infographic below from Funders and Founders ' … If they paid more, people would move into that sector or role. market value for software engineer is lower than US Programmers and software engineers are among the most coveted jobs in Silicon Valley, as their salaries fetch for hundreds of thousands of dollars at the biggest tech companies in the world. If you specialise and contract in London, it could easily be double that. So do lawyers earn more than engineers? It indicates the ability to send an email. In the table, which of the following is most likely to account for the large expected demand for registered nurses? Why becoming a software engineer is a good plan for your future career Published Jul 22, 2018 If you are a gifted computer wizard from age 7, there’s no doubt you’ll become a great software engineer. The limited immigration, weak STEM education, businesses understanding the value of software, and inefficiencies with outsourcing makes it so that software developers can command a higher salary in the US because there's both reduced supply and increased demand. If you can find an easier job for roughly the same monies and better conditions, then why work as a engineer. Why are personal care aides expected to be paid so little in spite of being in such great demand? In the UK you can earn more as a builder than a chartered design engineer. Its how it works mate. 100% of 0 is still 0, so to speak. >I wouldn’t just look at salaries as side-by-side comparisons though. Software engineers get paid anywhere from $60,000 to $120,000. Average salary for software development outside main cities working for a mid-sized company in the US is about 80k. Why are software engineers paid so little in Japan (or at least compared to the USA). I just dont see many advantages for companies to physically be in the UK. ML projects get you in trouble in other areas. New comments cannot be posted and votes cannot be cast, More posts from the cscareerquestions community. Truth is, that universe of companies still pays at the very top end of the market here in the UK - upwards of 90-99th+ percentile.. A new grad at Google or FB in London is going to make c.£70-80k all-in whilst that kid working in a technology grad scheme at a non-tech (and non-finance) company is getting ~£25-30k in London. Without the demand, salaries will stay low. Only real way to get rich by using your mechanical engineering knowledge is by inventing a product and producing it by setting up a product development company or generating lots of product ideas , patenting them and earning royalties. I’d be interested to see what the different is between a mid-level developer’s take home pay (after loans, insurance, etc) is for someone working at an average company in the US is compared to someone working for a similar-sized company in the UK. The pay for software engineers will go up relative to the pay for office clerks. Jesus, you're basically paid minimum wage...Might as well move to the US and become a factory worker. By using our Services, you agree to our use of cookies.Learn More. If you look at Facebook London’s developer salaries for instance, I expect they are at the top end or above what I have stated. There are probably deep societal, business and political reasons for that. And in the hard sciences and engineering (which seem from your other questions to be your main interests), graduate student stipends are mostly paid for out of grant money, so universities have even less control over them. Most of the big money is taken up by contractors who will be paid £300-500 a day to do the same work as everyone else but leave the employer more liquid in regards to their workforce. Healhcare is not even an issue here because it is mostly subsidized by employers and doesn't make a big impact in what you take home. So there is more money to pay per employee on average. Close. US is the highest paid country for software engineer, I think the next country is Canada. Last week Glassdoor published its most recent software engineering salary report. I wouldn’t just look at salaries as side-by-side comparisons though. The US GDP per capita is 50% more than the UK [1]. A mid-level developer in the east coast can easily make 90-100k gross outside the city, compare that to about 45-50k for the same job in the UK. Engineers are just paid more in the US than Europe. There you can expect to make 2-300K a year as a senior software engineer, which for most people, is all they ever need. So we're back to the original question, why is it that doctors are paid better than engineers? Press question mark to learn the rest of the keyboard shortcuts, https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita, http://www.sacbee.com/site-services/databases/article141819809.html. Posted by 1 year ago. Google and Facebook employees earn … Even worse is trying to compare the top paying companies (Google, etc). I think you hit the nail on the head there mate. Sure, software is more relevant than ever. It is difficult to simply say that lawyers are paid more than engineers, with salaries varying widely based upon a number of factors including company size, … 2016-06-08T14:46:03Z The letter F. An envelope. However, I can't state that I work in “tech” without being misunderstood as being a software engineer of some sorts. >Junior developers will start at around £20-25k. Short version: it pays to code. In honor of National Engineers Week (Feb. 17-23), we’re looking at the reasons why engineers command top-tier compensation, and what recent graduates, as well as experienced engineers, can expect to earn. Low paid overseas software internship or MSc? [1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita [2] http://www.sacbee.com/site-services/databases/article141819809.html. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. For a more apples to apples comparison, I know a very good CS student graduating from a top 10 US university this spring who is going to London to work at a top team at a big N. Total comp is ~190k pounds. I've heard their salaries are about 30-40k euros, which is what an teen intern from a no-name school could easily earn in the US. In the capital, you are looking at £10-20k on top. Why do british software engineers get paid so little compared to their american counterparts? Simple supply and demand. The best software engineer jobs require problem-solving skills. Companies like Google truly appreciate the value of these jobs — even interns get compensated incredibly well for their work. That salary range isn’t accurate to start with. You can get around 40k for the same exact job in the UK...That is a 50% drop in salary and exactly my point with this post. Cookies help us deliver our Services. The cost of living is lower in the US as well as taxes. 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 … Some of the reasons are. Don't know what to do show 10 more Should the NHS be allowed to strike?? Not saying that I’d expect them to even out but I’d like to see what the difference might be. However, that market overall is less competitive than its counterpart in the US due mostly to demand, concentration of quality talent, VC money flows into the tech ecosystem, population dynamics, workplace/benefits dynamics etc. Edit: someone made a good point about contracting, that's another way people make a decent amount here as the market for contractors is fairly hot. company doesn’t make enough money to pay for engineers. why? With Japan's very strict work culture, I feel like the work in Japan would be much more difficult compared to the US as well. For example, someone in the North of England working for a no name place might get maybe ~£18-25k to start and their counterpart in Oklahoma making ~$45-60k are roughly equivalent. Comparison between average NZ Engineer and Lawyer salaries at different career. Engineering Queries Dropping out of Uni for a carpentry apprenticeship 7 reasons not to be a graduate engineer in the uk I was thinking about working in Japan as a software engineer after graduating college (since I am half Japanese, speak it fluently and have lots of family in Japan) but I noticed that the Bay Area pays more than double for similar jobs. Not many homegrown companies there either. Dave Smith. Comparing very high paying areas like San Jose, which has a per capita GDP of $112k vs $40k for the UK [2], looks almost 3x!. It is one of the Top Most Paid Jobs of the World:- Software engineering is also one of the top most … There's money to be made in the UK at the right companies you just hear less about them because fewer people nominally exist in that bubble than they do in the US. The US gets more value out of it's employees than the UK, on average. – Andy Putman Jul 25 '16 at 19:58 Why are mechanical engineers paid so little? use version controls but don't check the database password in, think carefully what configuration goes with the hardware, the "model" in general, a particular instance of the "model", etc.) For a start, companies outside London are not going to be the same as the ones in Silicon Valley, which want the top 1% of grads each year and have the funds to pay for it. Archived Comments are locked. Wealthier country plus larger wealth gap, primarily. Why are Software Engineer's paid so little? If they applied conventional software engineering so far as it applies they would do a lot better.(e.g. Why do engineers get paid so little. When people throw around big numbers on here they're talking about a fixed universe of companies (big-n, unicorns, other SV-style names, startups, quant finance shops etc..). It would require a huge amount of money. It has gotten to the point where engineers are seen as cogs as I can hire someone else to do the same thing, plus they are paid the least anyway so they are easy to replace. I've heard their salaries are about 30-40k euros, which is what an teen intern from a no-name school could easily earn in the US. What I find is people will see a high paying salary from somewhere like Google or Facebook and try to compare it to the average salary in their area. The experts: Late-career software engineers will have many years of experience under their belts, which makes for better salary prospects. Why so much? I think this question is disingenuous. Press J to jump to the feed. Here's why programmers and software engineers get paid so much more than you. Developing a valuable tool stack is … Does anyone know why this is? These may pay 2-3x+ more than the average. Then where are all these high paid jobs, apparently there is a shortage of engineers so why are so many out of work if there is such a demand. Here is why: If we look at a software engineer’s salary as a journey of many steps, at every step we’ll see that where you are, what you do, what you value most, and when you join the company determines your salary according to recent research by Startup Compass. Career. Farmers in the UK makes more money than farmers in china. Heck, i even see British companies hiring more of their software engineering staff in the US. 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