Got an offer from public US company that has an office in London. £53k base, around £60k RSU (4y), no sign-on, 10% target bonus, and a few thousand in relocation allowance (not cash). First year earnings at around £73k ($94k). I will probably look to get transferred to US on L1 after a year.
Is it a low ball offer?
What to expect from bigco/startups in London?
- New / Eng vusn92Isn’t London’s COL similar to that of Bay Area and NYC? Why is TC so much lower?
- Qualcomm NqAf57Lower comp across Europe as there is a smaller market of high paying companies for SWE skills. Even FB and Google pay less in Europe (in general) than they do in the USA because they don't need to match the offers given to US employees. They merely have to beat the local market, which doesn't pay much in the first place.
- Amazon . 𓂸Pretty good for new grad! Don't believe the bsshitters here, you won't be able to negotiate much more (if any). Bite the bullet, do your tenure and relocate on L1.
- You won't have much savings for sure. Try for TC 100k atleast. Else you need to think before even spending for coffee. It's really expensive in London.