Hello,
London is a world class metropolitan city and so is the cost of livi.
But then why don't MAANG or other big techs pay as high for software managers and other leadership roles as they do in the USA, particularly California, Washington, New York. In fact for the same role, $ salaries are at least 3X higher to their counterparts roles here in London.
Definitely, London isn't 3X cheaper them.
Is it that companies don't want that high here or there isn't enough competition or something else?

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I’d like to understand this myself. It’s just bizarre.

It’s the labor market…the going rate for these kinds of skilled jobs/white collar roles in Europe, the UK included, is lower than in the US, even with a higher CoL like London. Some of it is due to healthcare costs (the $200k US salary would also have to cover $10k in insurance premiums and up to $6k in out of pocket costs, and multiply that for family members if they’re the breadwinner) but not all. It’s just a lot easier to find a high salary in the US.

Healthcare is free in the UK, whereas a doctors appointment there could cost 100$ minimum. Cost of living (groceries, fuel, rent, bills etc) is relatively cheaper in the UK, emphasis on the word relatively! Rent for a basic 1 bed in a decent area in NYC could cost anywhere between $3k-9k per month, whereas in a posh area in London rent for a 1 bed would be maximum £2k, and if you want full on luxury then £3k per month. I’m not saying London is cheap, but relative to New York and LA, it most definitely is.
A grocery shop for basics here would cost you £20, whereas in most parts of the US, it’s easily 50-60$ for the same basic staples. You can have a very comfortable life here on an £80k salary for a family of 3, maybe 4, but in most parts in the states, that’s a stretch.

None of the above justify why the salaries are lower for UK folk doing the exact same jobs as US counterparts, but I don’t fret too much because what I’m earning is affording me a really comfortable lifestyle, holidays and savings despite US counterparts earning double. Besides, what good is all that extra money when you get just 15 days annual leave? I’ll keep my 32 days allowance and enjoy them!

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