Who can compete with Facebook pay in London?
May 9, 2021
98 Comments
My onsite at FB London is scheduled in a couple of weeks time. I'm wondering which other companies can match or exceed FB's offers so that I don't get lowballed. Based on my research Amazon, Google, Microsoft, Spotify, Bloomberg and most startups don't pay as much as FB. Jane Street, Two Sigma, Citadel, Jump Trading etc. pay much more, but are also a lot harder to get in.
What about Apple, Snap, Twitter, Goldman Sachs, Tiktok? Do mention any other high paying companies you know of.
Yoe-5+
TC ~70L($100k, thanks to stock growth)
comments
I hope you are taking a note on Tax structures in UK as well as COL
70LPA gets you approx 5l/month in inr and 120k pounds gives you like 6.5l/m , and cost of living is easily 3x , does not make any sense why would you move
120K => 74K post tax - 20K additional basic CoL in London => 54L post tax
You won't save more than 5L extra even with basic expenses.
But if work/life/travel/culture are reasons to move, then it's justified.
But correct me if I’m wrong. I only know what I’ve read online, as I don’t get RSUs (in finance now)
Add the Employers NI for RSUs and your RSUs can be taxed up to 67%. Read the article, it breaks it down for you.
Contributing to a pension means that that money isn’t taxed and your taxable income drops by that much. So if you’re currently at 123k, contribute 23k to pension if you can so your taxable income is 100k. That will save you from a high marginal rate of taxation.
Do up an excel sheet if you must. PM me for more info.