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Reply to "Moving to London but salaries??"
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[quote=Anonymous][quote=Anonymous]OP here. My main question is why does London have such lower salaries than NYC despite being equal in opportunities and supposed wealth ? The same role at a Deloitte or Goldman Sachs in London office is getting paid comparably less than the NYC equivalent. [/quote] It’s the same at my company—the equivalent job in London has a very low salary. I think it’s because they can get someone for that. The market wage is low and the average standard of living is lower. Houses are small, old, and poorly heated. People are used to more austerity. We have friends in big pharma who transferred to London and they were living in a non-fancy suburb, in a tiny house, lots of difficulties. They still liked it, fwiw.[/quote]
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