That to me still seems like the much harder to explain event compared to the recent firings
You will see the same job postings by the same companies being listed on LinkedIn again and again, spaced maybe months apart.
Either the postings are not real and people are projecting growth, or the jobs become temporary contracts, or they laugh at you if you ask them to match your current salary.
It's also not good news for entry-level techies, since the requirements are still steep.
You either have to lie you through your arse, or take a paycut to get these jobs.
It's also a bit depressing to think that there are posts so near what I started at 15 years ago (mid-low 20s), despite 54% inflation over that period, per the BoE calculator (another claims 64%).
In the former you're right, salaries are terrible compared to how highly skilled the job is and how much education you need.
For the latter, it's definitely not Silicon Valley, but relative to most white collar jobs software engineering still pays fairly well. Definitely a second tier job behind finance (and finance adjacent roles like top tier legal stuff), but not bad, and often with much better hours/WLB than finance or law which can still be fairly brutal
That's better than the median UK salary, but not exactly a huge draw. The average in the US is six figures.
The methodologies that produce those numbers are always dubious so I wouldn't take that as definitive. But it does support your assertion that UK tech salaries aren't great, at least compared to the US.
jpgvm•8mo ago
lotsofpulp•8mo ago
Changes in median (or even better, quintile/decile) pay is the only meaningful metric. Preferably from paystubs or tax returns.