Savings of a Software Engineer in UK VS India | Detailed analysis of income, Tax, Expenses, Savings
How different is software engineering in India with respect to that of UK? What kind of companies are present and what is the trend of those companies to hire from India?
Is London a safe bet for us to go, work and live?
With the recent salary boom that India has witnessed, Do you feel is it worth it to go there?
If you had these questions or are curios to know about it! then this is the perfect video for you! ❤️
Here, I have discussed the following :
📌 The different types of companies in London
📌 Immigration opportunities and process
📌 The Cost of living breakdown
📌 The salary earned with respect to India(Both FAANG as well as non FAANG company)
📌 The Net savings
📌 Is it worth it? For whom ?
Guaranteed Placement of 5 - 20 LPA
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Tech Company Review: • Tech company review
Timestamp
0:00 Intro
1:22 Guaranteed Placement of 5 - 20 LPA
2:28 Top companies hiring in UK
3:16 VISA Process and benefits in UK
4:43 Expenses breakdown
10:20 Salary and Net Savings comparison
13:26 is it worth it?
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Пікірлер: 248
Hey Soumyajit, please make a dedicated video on how to apply to these companies from India, interview pattern and preparations etc....
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely that video will be coming soon! 🙏
@adityadarekar3963
2 жыл бұрын
Same request from my end as well. :)
@dhrub6
2 жыл бұрын
You can apply from LinkedIn, Stackoverflow and glassdoor jobs. Many companies are offering skilled worker visa
@ciycodeityourself6152
2 жыл бұрын
+1
I am an experienced IT professional with 12 years of work ex. You are doing a great job! Your videos especially on company reviews helped me a lot while making choices. Keep doing it :) I recently got an offer from one of the FAANG’s in London and after careful consideration declined it. So I agree with your comment there that for senior roles someone working in a reputed company (Even NON FAANG) would not find it financially lucrative to move to UK, London even to a FAANG. However I believe the tax slabs for RSU are same 40% (below 150k ) plus National Insurance, which many employers pay on your behalf. Also one angle worth mentioning is that changing jobs in India is easier considering there is no Visa sponsorship and for someone who wishes to stay in India in the longer term(or plans to comeback) it’s not a great choice as they lose out on pension schemes in UK for which you anyway pay.For someone who wishes to get PR and settle it might be a great choice. Unless you get the PR anyone would find it harder to switch jobs in UK compared to India.So that’s the real choice according to me.
@deepanshubaberval8911
2 жыл бұрын
Can u pls tell us about your salary 🙂
@spy_kill
2 жыл бұрын
Hlo bro can you tell me which country are better in terms of money as compared to india
@melosasengupta5068
Жыл бұрын
@@spy_kill I also want to know..
@truthteller8965
Жыл бұрын
May I ask you how much was the total compensation you were offered for a 12 years experience at one of the FAANG companies in London? Also, regarding the RSUs, in some cases the employers delegate the National Insurance Contribution to the employees in UK. Due to that, the taxes on stocks are way more than the taxes on salary.
@mohdaqibgazi5756
Жыл бұрын
How's your experience in 12 years
thank you so much for posting this, this is actually really helpful! so many of my friends live there i've been considering applying there for a while now.
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely! No problem at all. 😊
Sir can you please make a similar video for Switzerland, as you have already mentioned in one of your videos that the only country that "can" be compared to USA is Switzerland in terms of the salary. Also, the different large companies out there for software engineers
Hey Soumyajeet , Can u please tell about how to apply for UK, USA , Canada or Dubai software companies ....Currently , working at Uber ,India since 2 yrs
@SoumyajitBhattacharyay
2 жыл бұрын
Surely. Will make a video. 😊
We need such information , keep helping this way Personally i love these type of videos a lot
@SoumyajitBhattacharyay
2 жыл бұрын
Always ❤️
Hi Soumyajit. Please could you make a video on which countries to relocate to in the EU where savings can be maximum?
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely will make the video 😊
Sometimes it's better to calculate cost of 2 (married couples).So when you compare against foreign countries, can you consider the cost of 2. Say, one difference is now you have to rent the complete house.
I think getting hired in London at faang is easier compared to India and also at senior level or after 1-2 yr exp one can move to USA to enjoy high salary an less tax
My goal is simple. My age is 18 and I aspire to work or study abroad for an experience and travel and have a sense of independence and responsibility to take of myself.
Very useful info, please continue this series for other countries like Canada, Australia, Germany ❤️❤️
@SoumyajitBhattacharyay
2 жыл бұрын
Thank you! Will do!
@rahulsubramanian3417
2 жыл бұрын
@@SoumyajitBhattacharyay Yes! Please do one on Canada!
Hi Soumyajit, Loved your content. Can you please create one video comparing compensation, expenses for Canada and India as well?
@SoumyajitBhattacharyay
2 жыл бұрын
Yes i will make one!
@jeevankurian9148
2 жыл бұрын
@@SoumyajitBhattacharyay waiting for it..... 😃
Good content. I'm a frontend engineer and I came to know about the company Coinbase because of your videos and I cracked it recently. Thank you.
@varun9272
2 жыл бұрын
Congratulations @Ramesh how much they offered can you please let me know
@SoumyajitBhattacharyay
2 жыл бұрын
Great to hear!
@xrr-1
2 жыл бұрын
@@varun9272 I have 3 years of experience so I was interviewed for the level IC4. You can find the exact numbers for this level on the internet. CTC is around 70 lakhs
@anushk_iitg
2 жыл бұрын
@@xrr-1 70 lakhs CTC, damn ! 🥶
Salary in India told is not that high normally. For avg soft eng in India, uk is better option. 10yr experience software engineer in India avg salary is approximately 22lpa.
Bro, can you also do a similar video like this for Singapore v/s India, like companies present in both of the countries, cost of living, savings, and other stuff
Hey, Can you make a comparison video on India vs Amsterdam? This is a great video btw! Keep going!
I had made such a calculation previously. Thanks for conveying this!
@SoumyajitBhattacharyay
2 жыл бұрын
You're very welcome!
Heyy Soumyajit you have been saying that many teams in Amazon do have good work life balance. Would you like to name a few. Because in all the online forums I see people saying that all the teams at amazon have bad WLB. And what is your team name?
@carpediem9407
2 жыл бұрын
Many teams are good . All my colleague from previous teams also had good experience . I joined recently 4 month ago and till now I am having a very good experience. I work in Tax teams as SDE 1
@funWithAnkit
2 жыл бұрын
@@carpediem9407 Thanks for sharing that.
Please next Video on Savings of a Software Engineer in Japan VS India
Please make the video about companies hiring in London! Looking forward
Comparison video on India vs Amsterdam vs UK pls
Bro first of all salute to your commitment for making a videos like these with a positive intension of helping students. Even though you are a full time employee you are making a videos they are very helpful for many students and employees . Tq soo much bro😊
@SoumyajitBhattacharyay
2 жыл бұрын
Glad you feel this way. 😊
Would love to see such comparison for SDE1 and SDE2 at USA and Canada too.
Hi Soumyajit, Please make a video on How to apply for these companies? The methods you've tried for getting job opportunities in foreign countries. Please include Non FAANG companies as well; it'll be helpful for people who just want to live abroad with a job and don't have enough money to pursue Masters Degree in those countries.
Nothing can beat the experience of living in London!!
@SoumyajitBhattacharyay
2 жыл бұрын
That is definitely there. The experience and the exposure is phenomenal
@powerloop
2 жыл бұрын
365 me se 200 din baarish me haalat khraab :)
@SoumyajitBhattacharyay
2 жыл бұрын
@@powerloop that I agree. Whether is not the strong part of London or Seattle.
@spiritual5750
2 жыл бұрын
someone who is exposed to travel multiple country i would rather stay in India than out of India.
@farazahmed7
2 жыл бұрын
@@spiritual5750 Bihar se bahar gya nhi hoga. Multiple countries 💀
Really informative video, Thanks Soumyajit. Can you please add some videos for more alternative countries/ cities in Europe comparing with London(like you mentioned Amsterdam as one of them)?
@sukhrajsingh1393
2 жыл бұрын
No. Bro. You can live in 2 bhk can save 700 pounds and easily save 55 to. 60.lac by living like a kanjoos. My brother work in London and he easily save this amou t from job and he also work time. On weekends and make 10.lac more. So. He make save 70 lac per annum, remember so can make more money on weekends in forgein but not in India
@SoumyajitBhattacharyay
2 жыл бұрын
Again, we can do the same in India as well. I myself do not spend 36K every month. Hardly it comes out to be half of that 😊.
@sukhrajsingh1393
2 жыл бұрын
@@SoumyajitBhattacharyay ya i. Agree. That if one live like a kanjoos one can save more in London but india you can also have luxary lifestyle with a lot. Of saying but. Same. Thing you can't have in London unless you also. Work on weekends
@SoumyajitBhattacharyay
2 жыл бұрын
@@sukhrajsingh1393 absolutely agree!
Hey Sowmyajit please make a similar video on Canada.
@raghavchugh558
2 жыл бұрын
+1
Great Video. Specially the salary comparison 🔥
It would be helpful if you make a video comparing the savings in USA and Canada
Think you have lost your mind . Where do you get these salary levels.
Hey man. Really appreciate this content! Keep going!
@SoumyajitBhattacharyay
2 жыл бұрын
Thanks so much. Happy to help
Plz make a video of saving and taxes and standard of living of a software engineer living in Switzerland , Singapore , and dubai it will be very helpful 🙏🙏
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely will make one video for each of them
This is the video I was actually looking for, good information😀
@SoumyajitBhattacharyay
2 жыл бұрын
Awesome. Do share it among your friends and peers ❤️
Really insightful video! Please make a similar video for Netherlands and Australia
Very Nice. Thanks for incorporating average companies also. Although I thought you would compare avg companies salaries of india with those of avg companies of abroad, but I think Its fair to not include average companies salary from India for now as it varies a lot with exp and it would make the sheet pretty messy 😃. Also its good that you did not try to impose your thoughts and manipulate the conclusion, rather put forward different angles to the topic.
Nice man, so detailed, gives me so much clarity
@SoumyajitBhattacharyay
2 жыл бұрын
Glad it helped!
Yes Dada make video on different companies in UK
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely!
Thank You so much sir,How much time it will require for a fresher(Non IT) to get a software Developer Job abroad (Europe,UK US)? Pls reply
Loved the video !!!!! I am eagerly waiting to see one for Amsterdam!! :D
@SoumyajitBhattacharyay
2 жыл бұрын
Glad! Will definitely make one
This is extremely helpful Requesting you to do one for singapore as well.
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely.
Hi Soumyajit! Can you make the same kind of video for Amsterdam?
Great video dada.... But in these kind of videos you generally consider lunch at 1000 rs and for grocery 1500 total=2500 and equivalent ammount for abroad but don't you think this is too low for daily lunch and dinner ...do you consider free lunch from company or any kind of similiar things in your calculations...just want to know about the calculation and your thinking behind this please dada !! Please reply... Rest of the calculation is so much perfect btw please keep making this kind of videos
@anshaneja804
2 жыл бұрын
Yeah, he considered free food by companies.
East and West India is best.
Is it same for Cambridge as well. I have an offer from AWS Cambridge in their S3 team as an SDE1. Will it be good to relocate (Considering financial savings and WLB)?
Yes yes yes yes plz make a video on companies from UK (or anywhere) hiring aggressively from India. Thanks for all the efforts 😄
@SoumyajitBhattacharyay
2 жыл бұрын
No problem at all 😊
Hi Soumyajit, Great Content and thanks for such detailed analysis. Can you please make similar Video taking Netherlands and Dubai into Consideration
@SoumyajitBhattacharyay
2 жыл бұрын
Yes absolutely. I will be making such videos in the coming future 😊
Yup please make a dedicated video on uk based companies!
thaks man for such a informative content please make same videos for other countries where we can migrate as software engineer
Yes bhai, want video on company hiring in UK and how to apply etc etc
Always waiting for your videos.
@SoumyajitBhattacharyay
2 жыл бұрын
Thanks Bhai!
Bestt playlist ever
@SoumyajitBhattacharyay
2 жыл бұрын
thanks! :)
@rhythmbhandari1700
2 жыл бұрын
@@SoumyajitBhattacharyay yeahh make more videos Canada, aussie Germany etc...
@SoumyajitBhattacharyay
2 жыл бұрын
@@rhythmbhandari1700 absolutely 😊
Does the video is fully in English ? I’m a bit confused
AWESOME CONTENT BRO!!
@SoumyajitBhattacharyay
2 жыл бұрын
Thanks. Sde comparison with Singapore coming soon
You make such useful videos!!
@SoumyajitBhattacharyay
2 жыл бұрын
Always ❤️
Hi Soumyajit, would you be able to do a similar video for Germany. Considering the demand going up for IT professionals and the lower cost of living?
Really nice video and well explained. I would request you to make a video on the different companies in London and Netherlands as well apart from FAANG 🙂
@SoumyajitBhattacharyay
2 жыл бұрын
Surely will make one
hi Soumyajit , Could you please make similar video for Germany As well?
@SoumyajitBhattacharyay
2 жыл бұрын
Yes they will come. Next one up should be Singapore post which another European country
Bang on video. Very few share such comparisons. They just show how they are earning crores. Also thanks for showing correct salary bands. Many people do not believe in 50lac-1cr salaries (excluding stocks/esops) in India with
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely agree. Probably the only place that is competitive in real terms from financial perspective is The US. Apart from that other countries not so much.
@allhellloose7632
2 жыл бұрын
@@SoumyajitBhattacharyay Not really. I know people in Bangalore with 8-10 years of experience 2-5 Cr stock/esops + 80-100lac base salary. Principal Engg & Architect. And none from FANG .. just startups. If you compare what you can do with Cr in India salary .. US won't look lucrative. Its good only when you need society & lifestyle upgrade. In that case Singapore is much better, cleaner & safe.
@SoumyajitBhattacharyay
2 жыл бұрын
@@allhellloose7632 nope. Similar salaries in US are still 3 times higher. For example at that level in start ups in US you comp can go much higher than a million dollars per year as well. So yes. US is still round about 3 times higher in compensation. For example in india the min SDE 2 comp starts at 55. At the same company it starts at 252k usd. Which is on an average 3 times higher. And same goes for other levels at comparable companies. So all In all you will still be saving more in US. But that's about it.
@allhellloose7632
2 жыл бұрын
@@SoumyajitBhattacharyay I am saying from cost of living, taxes and purchasing power point of view. Also, everyone has some threshold .. 1-3 Cr is big enough for many people in India. 1-2 Cr extra ke liye US kyun jana he :P And I am pretty sure salary band will go up as Indian startups start dominating world market. Thoda different perspective.
@SoumyajitBhattacharyay
2 жыл бұрын
It will. Even from a cost of living perspective you will definitely find that since savings are in USD, you will be saving at a minimum of 2x that you can here, and at higher salary point, your savings will grow more there. So I still stand by it. I have already made a detailed video with the split discussing the same for US. 😊 For example at 55lpa india salary and 252k us, you. Will on a yearly basis will be saving around 60-70lakhs more than what you can save in India.
Insightful 👀
Bro fan of you and your legit research skills.
@SoumyajitBhattacharyay
2 жыл бұрын
Thank you so much 😀
one suggestion , please improve lightning of the video as it looks very dull. probably one umbrella studio light would do the job
@SoumyajitBhattacharyay
2 жыл бұрын
Yes it will. Right now in my home will be relocating to office location the lighting will be fixed. Wrong camera mode while shooting it actually.
Lunch in india is 1000 rs per month. Show me place where u get food for 30rs near by IT company. Indian math is very bad estimation.
Man do i absolutely love these kind of videos
@SoumyajitBhattacharyay
2 жыл бұрын
That's awesome!
Great content! Please make same video for Canada please
Hi Soumyajit, Can you please tell if this comparison will work for Dublin/Ireland also.? If not, what difference will be.
@SoumyajitBhattacharyay
2 жыл бұрын
Not it will be a bit different. However, Dublin does have higher tax, but it also has higher salary with respect to London.
@diwakar.singh_official
2 жыл бұрын
@@SoumyajitBhattacharyay Thanks a lot brother for quick response.
Hi Soumyajit, Thanks for such an informative video. would love to have a video on - if anyone(Who already been paid very well in Bangalore ), will move to Seattle with L1 visa with family, what impact they should have in-terms of savings. Will it be a good idea to move to Seattle ( in-terms of savings)? Please think on this content request . :-)
@SoumyajitBhattacharyay
2 жыл бұрын
I have already made such a video.🙂
@gourabbanerjee4152
2 жыл бұрын
@@SoumyajitBhattacharyay Thanks Soumyajit for reverting. Yes, I have gone through that video for US vs India salary comparison . :-) Do you have any plan to create a video on why you rejected Seattle offer ? would love to hear your perspective :-)
Can you do a similar video for India vs Amsterdam?
@SoumyajitBhattacharyay
2 жыл бұрын
Hi will try and make it. 😊
Soumyajit can you make similar video for Singapore? This is very helpful
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely!
130k GBP base is l6 salary. Or HFT can give. With SDE2 you will hit at max 100k which is still in few companies only. So, its sort of wrong prediction
@SoumyajitBhattacharyay
2 жыл бұрын
It is inside the Amazon sde 2 band in London. Base considered is 100k and 30 k as yearly stocks. 😊
Does going to UK help in getting to United States easy as compared to India or is it the same ?
@SoumyajitBhattacharyay
2 жыл бұрын
It's the same for the companies that allow.
These are outdated expenses, no way you get a maid and cook in 2000, and no wifi and other cost included
@SoumyajitBhattacharyay
Жыл бұрын
THis is individual cost for a bachelor. This still holds true. For a family things will increase. Apart from that, WIFI has been considered to be reimbursed by the company which almost all the companies do.
Bhai saaf saaf bolo paisa kidar jyada hai udar move kare naa Uk naa Canada naa australia
Sir please give subtitles so that everyone can get it. This is my request 😊
please make a detailed video on how to apply for international offers Canada, UK, Australia, newzealand etc
@SoumyajitBhattacharyay
2 жыл бұрын
Absolutely
can parents also be considered as dependents for this visa? also pls make for dublin
@SoumyajitBhattacharyay
2 жыл бұрын
Typically for including parents: The Parent or Grandparent must be over 65 years of age
@Ezio-lp8iq
2 жыл бұрын
@@SoumyajitBhattacharyay Thanks!
Can you please the link to the excel sheet? I want to compare the same for UAE
@SoumyajitBhattacharyay
2 жыл бұрын
Yes i will link it. 😊 Currently not in home so don't have the access to it
What’s the approximate cost of visa? Is it very expensive, lets say some company doesn’t sponsor, then can we not apply ourselves?
@SoumyajitBhattacharyay
2 жыл бұрын
No the cost is not expensive. But most of the VISAs are generally employer tied visa. Which means you would require a company to sponsor it.
@parthg199
2 жыл бұрын
@@SoumyajitBhattacharyay ohh okay, thanks :)
Please make next video on companies hiring in UK
Please make video for How to apply for companies in UK
I think you have over estimated some components in COL.
Please make a video on HFT firms, it's been more than one month, please make it will be very helpful for us.
@SoumyajitBhattacharyay
2 жыл бұрын
Yes. 😊
Any information regarding health insurance and health expenses in London please
Please compare India and Ireland
also please make a video on US vs India savings. thanks
@SoumyajitBhattacharyay
2 жыл бұрын
Hi I have already made one
But if we go outside we will loose Indian citizenship 😢🥲
@SoumyajitBhattacharyay
2 жыл бұрын
Not at all. You will only loose citizenship if you take up citizenship of another country
@v0073
2 жыл бұрын
@@SoumyajitBhattacharyay oh.. thank u for the info 👍
Bhai that whiteboard purchase link needed for my wall
sir next video on netherlands please,appretiate your efforts
Please make a dedicated video on agoda thailand
@SoumyajitBhattacharyay
2 жыл бұрын
Yes i will make one
Pls make a video on how to get internship opportunity in foreign
Please compare working in india with new zealand
How to apply for any on shore company
1 September ko kya hony wala hi sir
People who earn 55L cannot sustain in 36k in India.. At least they would need 1.2 k
@SoumyajitBhattacharyay
Жыл бұрын
Who said that? I earn more than that and sustain in less than that. Much less
what about India vs Japan?
Bhaiya do you regret not going to Amazon London?
@SoumyajitBhattacharyay
2 жыл бұрын
Not at all. 😊. Plus I have now rejected Amazon Seattle internal transfer offer as well. 👀
@simranmakhija4335
2 жыл бұрын
@@SoumyajitBhattacharyay why did you reject Seattle?
@SoumyajitBhattacharyay
2 жыл бұрын
Yes i will be making a video on it. Most probably the last video of the month
@saunaknandi1814
2 жыл бұрын
@@SoumyajitBhattacharyay can u also make a video on india vs USA.
@souravmanglani2968
2 жыл бұрын
@@SoumyajitBhattacharyay bhaiya pls reply my question
Can you add salaries of other product companies except FAang ,like investment banks ,some leading telcos or FMCGs
@SoumyajitBhattacharyay
2 жыл бұрын
I have already given that of Goldman Sachs. Regarding telcos and FMCG which companies and which profiles are we talking about here?
@shilpaprusty3319
2 жыл бұрын
@@SoumyajitBhattacharyay thanks data science, or IT managerial roles
Can you also do it for Switzerland zurich also..???
Bro 25 percent tax deduction hai uk mai
Dublin next please? I need to evaluate an offer
@chakrabarti9634
2 жыл бұрын
Is it amazon Dublin sir? How you got that opportunity...?
@anshumansingh9184
2 жыл бұрын
@@chakrabarti9634 applying online
@chakrabarti9634
2 жыл бұрын
@@anshumansingh9184 through referral? Are u an cp guy?
@anshumansingh9184
2 жыл бұрын
@@chakrabarti9634 nope, 2x GSoC no referral
@chakrabarti9634
2 жыл бұрын
@@anshumansingh9184 wooo great sir... Btw congratulations
Is there any bond present while working for these companies ?
@SoumyajitBhattacharyay
2 жыл бұрын
No why will there be.
@elizabethr5161
2 жыл бұрын
@@SoumyajitBhattacharyay So if we plan to quit the job say for example after 6 months there won’t be any visa restrictions right ?
@SoumyajitBhattacharyay
2 жыл бұрын
@@elizabethr5161 what do you mean by VISA restrictions. Youncan quite. But then you would have to find another company thatvwould sponsor your visa other wise you might have to leave the country because your visa won't be valid. It is different for different types of visa.
@elizabethr5161
2 жыл бұрын
@@SoumyajitBhattacharyay Initially I thought if they provide work visa for one year, then we need to compulsorily work for one year at the company, but now from your answer my doubts are clarified..Thanks a lot for your response.