Hi Guys, I am starting FB London office in 3 weeks, my TC is: 74000 Base salary 150000$ RSU over 4 years 7 yoe I am okay to give about 2k per month for rent. Which places do you suggest for 2 or 3 bedroom flats? Thank
With this salary, £2000 is too much. Add council tax, bills, monthly commute. I would aim for £1600. And if you have family, then you may not want to live in the centre.
Which places you suggest for a newer flat and good area?
Honestly I’d recommend Stratford or Hackney areas based on the salary and for nice new flats. I’m not sure about raising a child there, since I don’t have a kid.
I have seen more fintech companies offering up to 150.000£ salaries. Why do you wanna join Facebook? Sounds like a really low offer from FB.
I will relocate from another county and for that FB is a good option, after some time I would think about changing jobs, thanks for the suggestion
If you’d like to be in a newer build flat, keep in mind it will likely be in a bad area, because they only really build new flats in areas undergoing ‘regeneration’ unless it’s a luxury flat which will be out of budget. I would suggest looking at nicer areas but older flats southwest down at Clapham / Balham as it’s on the northern line so good for FB and nice area for kids. Really depends what you value though.
74k (GBP?) won’t stretch far in London. Is your partner going to be pulling in an income?
TC is typical for E4 for London if you don't have competing offers. Best to aim for 2k total including council tax. FB London will offer some help in getting a place which is basically a relocations company will help you shortlist some places and take you and family for visits (best to shortlist some areas/houses yourself and work with them on that). Most people who relocate to join FB London stay in the central line or northern line. Check out areas in Zone 3 or 4 where you can use these lines; east is cheaper but for a reason!
I live in Stratford, 1 bedroom apartment. the rent is 1300£ per month. 1500£ with the bills. I have one child as well
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150k a year RSU?
Likely over 4 years.
I wish :) But over 4 years