Shulou(Shulou.com)11/24 Report--

According to news on August 15, as of August this year, six Meta executives had left their California headquarters and moved to London, UK. Among them, the team of Adam Mosseri, head of Instagram, hired developers and products at Dazuo in the UK, but the salary for the same job was much lower than that of the US headquarters. There are two main reasons for this gap: the cost of living and the inflated demand for technologists in the United States.

London is Meta's largest engineering center outside the United States, with a dedicated Instagram product team. But employees in San Francisco earn much more than those in London. According to Glassdoor, an employee review site, Meta offers an average annual salary of $146605 (990000) in London for a product manager. The average annual salary for a product designer is $115150 (about 770000 yuan).

In San Francisco, Meta hired product managers with salaries of $210000 (1.418 million yuan) last year. The base salary for a product designer hired in 2022 is $185792 (about 1.255 million yuan).

Chris Abbass, head of recruitment services for technology companies in San Francisco and London, says the wage gap is not uncommon.

First of all, the pay gap comes from the difference in the cost of living in Britain and the United States. According to the official, the cost of living in California is usually higher, employees are in the habit of driving, and rent, food and private medical expenses are more expensive, putting more pressure on companies' wage considerations. In addition, infrastructure and social welfare in the United States are relatively weak, while Londoners enjoy a better social welfare system, free health care and better transport infrastructure than in San Francisco.

In addition, he believes that "the huge number of San Francisco technology companies has created a huge demand for technology employees." Different technology companies compete with each other to recruit talent, while in the UK, this competition is relatively inconspicuous, so the expansion of demand further widens the wage gap.

It is understood that Meta is expanding its offices around the world, such as centralizing its Instagram base in London.

Under the pressure of the economic environment, the US ride-hailing giant Uber is also planning to transfer 1/3 of its "data center infrastructure" work and most of its peripheral information technology work to India.

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