To be honest, the wages are quite low compared to other tech centres. As someone in the UK I'd definitely like them to be higher.
I'd be surprised if even 1% of the devs in the UK are contractors in London.
I’m a manager at a consulting company in France. My total comp is a bit shy of €70k which looks ridiculous next to an American but you have to factor in that I have a full medical coverage, access to free education for my family, unemployment insurance and retirement benefits plus a wide array of perks on top of that.
From having experience with both, that’s simply untrue.
First, education here is free - technically university is a couple euros if you are rich enough but free-adjacent - at all level. Medical coverage is not tied to your job and covers everything properly including chronic disease, heavy procedure and potential long-term inability to work. Unemployment last two years and fully covers your salary for the first six months.
You will win a lot more in the US if you work in IT because the salaries are incredibly high in the US but for anything else I would stay in Europe. Well, I would even stay in Europe for IT personally because I hate the US culture but that’s another story.