London perm salaries

[WTFH]

I concur with the above: the new norm is £60k rising to £80k in senior cases. You'll hit the £100k if you have the latest tech or something big in demand, as was always the case.

I remember the days when ABN Amro were looking for people with my skillset and paying £150k on perm role. It was 2001. Them was the days....

Yes, agreed. Also £650 a day is no longer the same take home as it was 20 years ago. You won’t save £125k a year after tax on that rate, no matter how hard you try.

[ChimpMaster]

I concur with the above: the new norm is £60k rising to £80k in senior cases. You'll hit the £100k if you have the latest tech or something big in demand, as was always the case.

I remember the days when ABN Amro were looking for people with my skillset and paying £150k on perm role. It was 2001. Them was the days....

[GhostofTarbera]

120K was the norm a few years ago

The new norm is 60K remotely or 30K offshore

Why on earth would bigCo pay 120K in these times


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[jayn200]

120k seems great to me. I was looking at perm roles end of last year and seemed like most of the interest in my profile was around 60k with a little interest a little bit higher than that but no where near 120k. If I would have got 80k I probably would have went perm but I was able to get another outside contract(right before they delayed ir35 changes) at 500 pd. Last couple years I have been contracting around 500-550 in London. I have around 10 years experience, a technical undergraduate degree, 2 masters, and 5 IT certifications and still couldn't get 80k in perm role. I was looking at mostly BI roles so they just don't really go that high, there is a low ceiling. I'm sure developers will get a bit more and maybe 120k is possible there.

**Edit**
Sorry didn't see you were asking about finance, I am sure its quite possible in finance.

[LondonPM1]

With more and more people moving from contracting to perm I’d love to hear from people what sort of perm salaries they are considering and hearing in London and specifically finance

Someone with 15 years experience front office computer science degree etc.

I’ll start by saying in the old days the number used to be 100-120 for a vp plus bonus and pension.

I’m sure things have changed and people will tell me 28k is the new salary but can we keep this discussion serious

I’d also add that getting 650 a day outside which is what it used to be was always heaps better then 120k and I did decline perm roles at that number to stay in contract.

Fortunately I am now outside Uk but do want to come back so preparing for what is the new normal