• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

State of the Market

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Originally posted by zonkkk View Post
    These are not average salaries here. Half that and you are getting closer to software devs average salaries.
    100k is not the average salary in the UK either. I never stated anything about "average". The discussion was that a good developer is not 2x-3x cheaper comparing to the UK.
    You could/can get 120k+ in the UK, you can find 100k+ in LT.
    Average developer earns ~40K in LT and ~50k in the UK. Taking account currency difference, we are looking 20-30% difference max.
    Contract market, you could argue was a bit more skewed, but with lower taxes and after IR35 take home will be same.

    Comment


      Originally posted by AndrewK View Post
      100k is not the average salary in the UK either. I never stated anything about "average". The discussion was that a good developer is not 2x-3x cheaper comparing to the UK.
      You could/can get 120k+ in the UK, you can find 100k+ in LT.
      Average developer earns ~40K in LT and ~50k in the UK. Taking account currency difference, we are looking 20-30% difference max.
      Contract market, you could argue was a bit more skewed, but with lower taxes and after IR35 take home will be same.
      Not they don't. Average developer salaries in LT are around 20,000-25,000 euros. Good senior ones can maybe get 40,000 but that is a dream job already.

      Later Edit:
      Actually have a look on Glassdoor or Payscale and you will see. Note these are the money that the actual employees get, and not what their employers sell them at... which is where the disconnect might be...
      Last edited by zonkkk; 21 January 2021, 08:56.

      Comment


        Originally posted by zonkkk View Post
        Not they don't. Average developer salaries in LT are around 20,000-25,000 euros. Good senior ones can maybe get 40,000 but that is a dream job already.

        Later Edit:
        Actually have a look on Glassdoor or Payscale and you will see. Note these are the money that the actual employees get, and not what their employers sell them at... which is where the disconnect might be...
        I am talking about what I know from personal experience, not from some Glassdoor random submissions 5-10 years ago.
        Not sure what do you mean about discounts, as I am talking about salary employer pays you gross, before taxes.
        Last edited by AndrewK; 21 January 2021, 11:51.

        Comment


          You mean gross before taxes.

          If you are a UK company looking to outsource work to Vilnius, you might get companies selling you people at 40,000 -60,000 / year. Out of that cost to you, the developer only maybe gets half. This is the disconnect.

          I have found Glassdoor to be a good indicator of the permanent market rates (a bit on the high side if anything) in multiple countries I have worked in.

          Comment


            ITjobswatch.co.uk is the website to look at for that sort of thing.
            "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
            - Voltaire/Benjamin Franklin/Anne Frank...

            Comment


              Originally posted by cojak View Post
              ITjobswatch.co.uk is the website to look at for that sort of thing.
              I don't think it has a Lithuania index...
              merely at clientco for the entertainment

              Comment


                Originally posted by zonkkk View Post
                You mean gross before taxes.

                If you are a UK company looking to outsource work to Vilnius, you might get companies selling you people at 40,000 -60,000 / year. Out of that cost to you, the developer only maybe gets half. This is the disconnect.

                I have found Glassdoor to be a good indicator of the permanent market rates (a bit on the high side if anything) in multiple countries I have worked in.
                Yes gross. Fixed mistake. To be fair as an employee/contractor I don't care what my employer/customer charges his clients.
                And that is never listed on the job spec or reported on Glassdoor. Not sure why we even discussing it. If he wished he can even charge less.
                Moreover, there are more than enough direct roles. No need to go to some dodgy outsourcer.
                Glassdoor is not a very good indicator, for a simple reason. Over the last 4-5 years, salaries changed significantly.

                Comment


                  Originally posted by AndrewK View Post
                  Yes gross. Fixed mistake. To be fair as an employee/contractor I don't care what my employer/customer charges his clients.
                  And that is never listed on the job spec or reported on Glassdoor. Not sure why we even discussing it. If he wished he can even charge less.
                  Moreover, there are more than enough direct roles. No need to go to some dodgy outsourcer.
                  Glassdoor is not a very good indicator, for a simple reason. Over the last 4-5 years, salaries changed significantly.
                  SEB (one of the better payers in the region) has a service centre in Vilnius, where a senior engineer with 8 years experience could be looking at €3,500 - 4,500 per month gross max.

                  Theoretically higher salaries may be on the table with consultancies who are immediately outsourcing their staff as contractors to Scandinavian clients (for example). Otherwise there is no domestic basis to support the unicorn figures being suggested.
                  ‘His body, his mind and his soul are his capital, and his task in life is to invest it favourably to make a profit of himself.’ (Erich Fromm, ‘The Sane Society’, Routledge, 1991, p.138)

                  Comment


                    Originally posted by lecyclist View Post
                    SEB (one of the better payers in the region) has a service centre in Vilnius, where a senior engineer with 8 years experience could be looking at €3,500 - 4,500 per month gross max.

                    Theoretically higher salaries may be on the table with consultancies who are immediately outsourcing their staff as contractors to Scandinavian clients (for example). Otherwise there is no domestic basis to support the unicorn figures being suggested.
                    Danske Bank offers a bit higher salaries.
                    But what difference does it makes?
                    If you think that is a unicorn, let it be so.

                    Just an example a year ago job role agency sent (hunterbond.com):
                    C# Developer Role - Finance - Lithuania - £70,000
                    AVP – Senior Software Engineer – Vilnius
                    Moody’s Investors Service - CSS (CSS)

                    And that wasn't even a team lead.
                    Last edited by AndrewK; 21 January 2021, 13:57.

                    Comment


                      I thought this was the State of the (UK) Market thread?

                      Comment

                      Working...
                      X