why are software engineers paid so little

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Why are personal care aides expected to be paid so little in spite of being in such great demand? That’s outside London, where living costs are lower. It is one of the Top Most Paid Jobs of the World:- Software engineering is also one of the top most … >I wouldn’t just look at salaries as side-by-side comparisons though. [1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)_per_capita [2] http://www.sacbee.com/site-services/databases/article141819809.html. Edit: someone made a good point about contracting, that's another way people make a decent amount here as the market for contractors is fairly hot. Jesus, you're basically paid minimum wage...Might as well move to the US and become a factory worker. Dave Smith. Why becoming a software engineer is a good plan for your future career Published Jul 22, 2018 If you are a gifted computer wizard from age 7, there’s no doubt you’ll become a great software engineer. Even worse is trying to compare the top paying companies (Google, etc). Simple supply and demand. If you specialise and contract in London, it could easily be double that. A mid-level developer in the east coast can easily make 90-100k gross outside the city, compare that to about 45-50k for the same job in the UK. >I’d be interested to see what the different is between a mid-level developer’s take home pay (after loans, insurance, etc) is for someone working at an average company in the US is compared to someone working for a similar-sized company in the UK. Comparing very high paying areas like San Jose, which has a per capita GDP of $112k vs $40k for the UK [2], looks almost 3x!. Last week Glassdoor published its most recent software engineering salary report. For example, someone in the North of England working for a no name place might get maybe ~£18-25k to start and their counterpart in Oklahoma making ~$45-60k are roughly equivalent. Comparison between average NZ Engineer and Lawyer salaries at different career. The pay for software engineers will go up relative to the pay for office clerks. why? If you look at Facebook London’s developer salaries for instance, I expect they are at the top end or above what I have stated. The US GDP per capita is 50% more than the UK [1]. Why do british software engineers get paid so little compared to their american counterparts? With Japan's very strict work culture, I feel like the work in Japan would be much more difficult compared to the US as well. Why are they so underpaid? Wealthier country plus larger wealth gap, primarily. Cost of education is a consequence, not a cause. I’d be interested to see what the different is between a mid-level developer’s take home pay (after loans, insurance, etc) is for someone working at an average company in the US is compared to someone working for a similar-sized company in the UK. In honor of National Engineers Week (Feb. 17-23), we’re looking at the reasons why engineers command top-tier compensation, and what recent graduates, as well as experienced engineers, can expect to earn. Only real way to get rich by using your mechanical engineering knowledge is by inventing a product and producing it by setting up a product development company or generating lots of product ideas , patenting them and earning royalties. Comparing apples to apples, were you to use the historical average exchange rate of ~$1.6 per £, salaries are comparable after pricing in the difference in market demand (c.20-30%). Why so much? By using our Services, you agree to our use of cookies.Learn More. 0. It has gotten to the point where engineers are seen as cogs as I can hire someone else to do the same thing, plus they are paid the least anyway so they are easy to replace. Everyone is of the opinion that the primary reason why mechanical engineer is less paid because the equipments, instruments, tools and machineries used for on board production are 10 times expansive than using in IT industry. In the UK you can earn more as a builder than a chartered design engineer. But that's like comparing the top 1% of students from the top 1% of schools in the the US to the average student in the all the UK. Does anyone know why this is? Sure, software is more relevant than ever. There you can expect to make 2-300K a year as a senior software engineer, which for most people, is all they ever need. If they applied conventional software engineering so far as it applies they would do a lot better.(e.g. So do lawyers earn more than engineers? For a start, companies outside London are not going to be the same as the ones in Silicon Valley, which want the top 1% of grads each year and have the funds to pay for it. The best software engineer jobs require problem-solving skills. Don't know what to do show 10 more Should the NHS be allowed to strike?? Posted by 1 year ago. Its how it works mate. In addition to higher income taxes Europe has a VAT (value added tax rather than sales tax and it's like 20%). The limited immigration, weak STEM education, businesses understanding the value of software, and inefficiencies with outsourcing makes it so that software developers can command a higher salary in the US because there's both reduced supply and increased demand. Why are Software Engineer's paid so little? – Andy Putman Jul 25 '16 at 19:58 Your salary is basically cut in half. Despite exorbitant costs, people pile into med schools at such a rate that most of those schools have acceptance rates in single percentages (at most one in ten applicants is offered admission in most schools). I want to become a nurse but I … Not many homegrown companies there either. Locum doctor vs agency/bank nurse hourly pay rate Nursing to medicine How much should nurses be paid? That salary range isn’t accurate to start with. So there is more money to pay per employee on average. Without the demand, salaries will stay low. You can get around 40k for the same exact job in the UK...That is a 50% drop in salary and exactly my point with this post. Why are mechanical engineers paid so little? Press J to jump to the feed. Heck, i even see British companies hiring more of their software engineering staff in the US. 100% of 0 is still 0, so to speak. C. They have relatively little education. I think you hit the nail on the head there mate. For a breakdown of the many factors that determine how a software engineer gets paid, take a look at the infographic below from Funders and Founders ' … Junior developers will start at around £20-25k (though I wouldn’t expect anyone staying that low for more than six months to a year) and senior developer begins at around £40-45k up to around £65k. A subreddit for those with questions about working in the tech industry or in a computer-science-related job. I've heard their salaries are about 30-40k euros, which is what an teen intern from a no-name school could easily earn in the US. Why are software engineers paid so little in Japan (or at least compared to the USA). >Junior developers will start at around £20-25k. Not saying that I’d expect them to even out but I’d like to see what the difference might be. Year after year, engineers are ranked among the highest-paid professionals in the U.S., both in terms of starting and mid-career salary. In the table, which of the following is most likely to account for the large expected demand for registered nurses? I'm comparing average salaries for software development in the US outside of major cities and for mid-sized companies with UK salaries and the UK salaries are about half of the US ones. Agreed. Or why so little? Most of the big money is taken up by contractors who will be paid £300-500 a day to do the same work as everyone else but leave the employer more liquid in regards to their workforce. Here is why: If we look at a software engineer’s salary as a journey of many steps, at every step we’ll see that where you are, what you do, what you value most, and when you join the company determines your salary according to recent research by Startup Compass. Cookies help us deliver our Services. I'm not talking about crazy silicon valley salaries for students graduating top of their class...I'm talking about average developers who graduated from an average uni and got an average dev job. use version controls but don't check the database password in, think carefully what configuration goes with the hardware, the "model" in general, a particular instance of the "model", etc.) Software engineers get paid anywhere from $60,000 to $120,000. You could increase postdoc salaries by 10% right now across the board, which would be a giant raise, and a first year postdoc would still make ~$10,000 less a … Why do engineers get paid so little. And in the hard sciences and engineering (which seem from your other questions to be your main interests), graduate student stipends are mostly paid for out of grant money, so universities have even less control over them. Short version: it pays to code. Farmers in the UK makes more money than farmers in china. I wouldn’t just look at salaries as side-by-side comparisons though. These may pay 2-3x+ more than the average. In the capital, you are looking at £10-20k on top. Average annual pay starts at R450,000 and can go as high as R979,000, with most senior engineers earning R632,000 a year. US is the highest paid country for software engineer, I think the next country is Canada. If they paid more, people would move into that sector or role. However, that market overall is less competitive than its counterpart in the US due mostly to demand, concentration of quality talent, VC money flows into the tech ecosystem, population dynamics, workplace/benefits dynamics etc. Low paid overseas software internship or MSc? I also feel unfair because at my current company, the Senior Engineer in Canadian office has same pay as intern in US office. It would require a huge amount of money. Take a mechanical Project Manager: numerous skills required such as a broad engineering skill, administration skill, legal skills and often contract negotiating skills. Engineers are just paid more in the US than Europe. Why are Software Engineer's paid so little? The cost of living is lower in the US as well as taxes. For a more apples to apples comparison, I know a very good CS student graduating from a top 10 US university this spring who is going to London to work at a top team at a big N. Total comp is ~190k pounds. Google and Facebook employees earn … Here's why programmers and software engineers get paid so much more than you. For a start, companies outside London are not going to be the same as the ones in Silicon Valley, which want the top 1% of grads each year and have the funds to pay for it. ML projects get you in trouble in other areas. I don’t think this is sustainable as it is currently though as companies are losing out by not retaining talent and experience internally, so it wouldn’t surprise me if we start seeing permanent salaries increasing significantly in the next few years. It is difficult to simply say that lawyers are paid more than engineers, with salaries varying widely based upon a number of factors including company size, … When people throw around big numbers on here they're talking about a fixed universe of companies (big-n, unicorns, other SV-style names, startups, quant finance shops etc..). There's money to be made in the UK at the right companies you just hear less about them because fewer people nominally exist in that bubble than they do in the US. Healhcare is not even an issue here because it is mostly subsidized by employers and doesn't make a big impact in what you take home. Highest paying Job I could get after going to uni with these A levels? People in the UK are according to numerous studies 30% less productive than their US counterparts. What I find is people will see a high paying salary from somewhere like Google or Facebook and try to compare it to the average salary in their area. Companies like Google truly appreciate the value of these jobs — even interns get compensated incredibly well for their work. New comments cannot be posted and votes cannot be cast, More posts from the cscareerquestions community. I've heard their salaries are about 30-40k euros, which is what an teen intern from a no-name school could easily earn in the US. Why do engineers get paid so little. I was thinking about working in Japan as a software engineer after graduating college (since I am half Japanese, speak it fluently and have lots of family in Japan) but I noticed that the Bay Area pays more than double for similar jobs. It indicates the ability to send an email. Average salary for software development outside main cities working for a mid-sized company in the US is about 80k. Programmers and software engineers are among the most coveted jobs in Silicon Valley, as their salaries fetch for hundreds of thousands of dollars at the biggest tech companies in the world. Take home in the US would be about 70% of your gross after tax, and I'm guessing that percentage would also be much lower in the UK with their high tax rates. Engineering Queries Dropping out of Uni for a carpentry apprenticeship 7 reasons not to be a graduate engineer in the uk We also have less overhead when it comes to healthcare (free at the point of service thanks to our tax contributions) and student loans (not a real loan in that you cannot default and is written off after 25 years, payments are scaled with your salary, etc), and get on average 20-25 days paid holiday each year (not including national holidays). Some of the reasons are. Close. I think it is just starting to change if you go in the tech/startup world you can make more money ,developers are paid even over $500k, the difference is the culture they value your work. Archived Comments are locked. Then where are all these high paid jobs, apparently there is a shortage of engineers so why are so many out of work if there is such a demand. There are probably deep societal, business and political reasons for that. Career. If you can find an easier job for roughly the same monies and better conditions, then why work as a engineer. Truth is, that universe of companies still pays at the very top end of the market here in the UK - upwards of 90-99th+ percentile.. A new grad at Google or FB in London is going to make c.£70-80k all-in whilst that kid working in a technology grad scheme at a non-tech (and non-finance) company is getting ~£25-30k in London. So we're back to the original question, why is it that doctors are paid better than engineers? I just dont see many advantages for companies to physically be in the UK. However, I can't state that I work in “tech” without being misunderstood as being a software engineer of some sorts. Not saying that I’d expect them to even out but I’d like to see what the difference might be. I think this question is disingenuous. 2016-06-08T14:46:03Z The letter F. An envelope. There's not much demand in the UK. company doesn’t make enough money to pay for engineers. The experts: Late-career software engineers will have many years of experience under their belts, which makes for better salary prospects. Not many tech companies set up shop there. market value for software engineer is lower than US I'm not talking about silicon valley salaries here, I'm talking about average developers working at average mid sized companies with average salaries. 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By using our Services, you agree to our use of cookies.Learn more out but ’. To physically be in the US is the highest paid country for software engineer of some sorts it could be! For roughly the same monies and better conditions, then why work as why are software engineers paid so little than! Relative to the pay for software engineers get paid so little for those with questions working. Is most likely to account for the large expected demand for registered nurses applied conventional software staff! Working for a mid-sized company in the US gets more value out of it 's employees than UK... Interns get compensated incredibly well for their work posted and votes can not be posted and votes not... A engineer [ 1 ] earn more as a builder than a chartered design engineer most Senior engineers earning a. You can find an easier job for roughly the same monies and better conditions then! Office has same pay as intern in US office valuable tool stack …... 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