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Why are engineering salaries so poor in the UK? Or, why does the US pay so well?

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tggzzz:

--- Quote from: coppice on April 01, 2024, 04:08:23 pm ---
--- Quote from: voltsandjolts on April 01, 2024, 03:58:49 pm ---I have a couple of uni friends who work in IT in the London finance / banking sector. They earn well into 6 figure salaries. I could probably match them, if I worked 672 hours a week!

To be honest, IT is probably a pivot that most people here could make and do well at, but meh, there is no where near the creativity level required for electronics design, and thats what I enjoy.

--- End quote ---
The finance sector is pretty much the only thing left in the UK that operates in world class volumes. You can't pay big R&D salaries when you have to spread that NRE over a modest volume of RE. You also can't afford to get they cheapest people when incompetence means millions of units could have a serious recall problem.

--- End quote ---

When that mob eff it up, they solve the problem by jailing the victim. Start with Regina vs Munden, continue for a few decades, and you have the Horizon scandal.

Zero999:

--- Quote from: TK on May 21, 2018, 05:49:47 pm ---I think they are equivalent (or even favorable to UK) after you discount the cost of health care, education, paid vacation days, etc.

There is a good documentary called Where to Invade Next, by Michael Moore.

--- End quote ---
Not really, when the fact that the cost of buying or renting a place in the UK is much higher than the US.

tooki:

--- Quote from: Zero999 on April 01, 2024, 04:26:21 pm ---
--- Quote from: TK on May 21, 2018, 05:49:47 pm ---I think they are equivalent (or even favorable to UK) after you discount the cost of health care, education, paid vacation days, etc.

There is a good documentary called Where to Invade Next, by Michael Moore.

--- End quote ---
Not really, when the fact that the cost of buying or renting a place in the UK is much higher than the US.

--- End quote ---
Is it though? The cost of housing in USA, especially renting, has skyrocketed the past few years. (Cost of living there in general has.)

I mean… I pay less to rent my apartment in Switzerland’s biggest city, in a desirable downtown area, than an equivalent unit would rent for in Baltimore, where I used to live, which is a decidedly third-rate city on a good day. Never mind a major city like NY, LA, SF, or Miami, where my Zurich rent would pay to sublet a bedroom —  at best.

SiliconWizard:
If you think engineering salaries are low in the UK, you should come see what it's like in France. :-DD

RJSV:
   Yes rstofer, silicon 'Valley' has all those special housing and freeway congestion issues, to the point now, that literally EVERYONE seems to move eastward, towards Nevada State, creating a weird 'infill' pattern in the Calif. Central valley.  That soil-rich region was supposed to be providing food / agriculture.
Many old friends, retired and moved (away), as I sit, unemployed, approx. 20 miles from the whole, Sunnyvale, Santa Clara city areas (where Intel and various aurospace companies did military or NASA projects.

   Funny thing, many jobs have evaporated, but not traffic congestion.   Traffic congestion, you've got a salary related factor right there, (due to significant stretches of daily time spent).

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