United Kingdom tech salaries amongst lowest in the world


Silicon Valley may be the epicenter of the tech industry, but Austin is a more attractive location for workers eager to increase their earning power.

A simple negotiation trick could be the answer.

Last year, NY tech workers' salaries rose around 6 percent to an average of $129,000.

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The report found that job candidates between 20 and 34 ask for significantly lower salaries than what they're ultimately offered. Hired's data is based on its marketplace of over 69,000 people and 10,000 companies.

"A couple of things are happening in Austin, a low cost of living, no income tax, and you already had a tech ecosystem there", Hired CEO Mehul Patel told Recode.

New York City tech workers are making more money than they did a year ago, but they're still being stretched thin by a sky-high housing market.

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Tech companies who are looking to attract foreign talent are paying increased salaries - tech workers from overseas willing to relocate to the United Kingdom make almost over £12K more than local United Kingdom candidates.

London ranked one spot above Paris with tech workers, which Hired defined as roles in software engineering, design, product management and data analytics, earning an average of $78,000, or £58,000. Black candidates and Hispanic candidates tend to begin their salary negotiations at a lower point than their white counterparts, according to this data. Black workers are being offered $130,000 (+4.8%) on average and Hispanic candidates are offered $131,000 (+5.7%). For instance, Facebook says it 3% of its workforce is black and Google says 2% is black. Black and Hispanic candidates also receive more than they ask for, but their starting bid is around $124,000.

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