Tech jobs pay over 1/3 less in UK than USA

Tech jobs pay over 1/3 less in UK than USA

UK employees working in the technology sector can expect to be paid much less than their American counterparts, according to a new study.

The report was commissioned by Hired. It was based on over 80,000 interview requests and job offers. The report found that on average, the salary given to a software engineer in London was lower than the wage given to a person in the same role in San Francisco. A developer’s average salary in the UK is £54,000, but in San Francisco wages are 37% higher. The salaries can go up to £86,000.

However, UK-based tech companies seemingly have more to offer American employees immigrating to London. A web developer from New York could expect to earn £85,000, whilst a candidate from San Francisco could be in line for £91,000.

According to the survey, candidates from Silicon Valley received more job offers from London-based companies than those in any other location in the world. Within Europe, companies in the capital are looking to Sweden, where they made up to 16% of all EU jobseekers hired. This was followed closely by Spain at 14%.

The top countries where London hires tech talent from can be found below;

1. US (30%)

2. Sweden (16%)

3. Spain (14%)

4. France (13%)

5. Germany (10%)

6. Portugal (9%)

7. Italy (8%)

Sophie Adelman, UK Market Manager at Hired, explained to the Independent what the implications of these salary variations could entail. She said: “I think over the next two or three years we will see those numbers rise for UK engineers too as everyone from Mark and Spencer, to Co-op and the Financial Times is in need of developers. 

“We are also seeing huge investment being made by companies and the government, so it will be interesting how these numbers have evolved in a year from now.”

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