Insights · Salary Benchmarks

Tech salary benchmarks 2026: London vs New York vs San Francisco

In short: San Francisco sets the global ceiling on technology pay. New York runs a close second, lifted by fintech and quantitative trading firms. London pays lower headline base salaries than either US city, but offers a uniquely tax-efficient equity route through the UK’s EMI scheme. AI and machine-learning roles command a 40–60% premium over comparable engineering roles in all three cities.

Scope: San Francisco and the wider Bay Area, New York City, and London. All figures are annual base salary unless total compensation (TC) or on-target earnings (OTE) is stated.

The figures below were last restated in June 2026. The page was last reviewed on . The first fully sourced restate under the schedule below is due 1 October 2026.

AI & machine learning

The highest-premium category in 2026 — roughly 40–60% over baseline engineering pay; San Francisco the global ceiling.

AI & machine learning — median annual base salary and total compensation by seniority. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Median base Total comp (est.)
San Francisco Mid-level (3–5 yrs) $207,474 – $222,174 $250,000 – $390,000+
San Francisco Senior / Lead (6+ yrs) $246,250 – $355,000 $400,000 – $600,000+
New York Mid-level (3–5 yrs) $165,000 – $200,000 $210,000 – $280,000
New York Senior / Lead (6+ yrs) $218,000 – $320,000 $300,000 – $450,000
London Mid-level (3–5 yrs) £81,500 – £102,000 £95,000 – £130,000
London Senior / Lead (6+ yrs) £113,250 – £134,000 £140,000 – £200,000+

Software & platform engineering

Still the highest-volume hiring category; AI tooling has raised demand for senior architects of complex systems.

Software & platform engineering — median annual base salary and total compensation for senior individual contributors. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Median base Total comp (est.)
San Francisco Senior Software Engineer $191,700 – $236,925 $300,000 – $450,000
San Francisco Senior Platform / DevOps $195,000 – $240,000 $255,000 – $385,000
New York Senior Software Engineer $180,000 – $220,000 $260,000 – $360,000
New York Senior Platform / DevOps $180,000 – $225,000 $240,000 – $310,000
London Senior Software Engineer £80,250 – £130,000 £95,000 – £165,000
London Senior Platform / DevOps £82,000 – £112,500 £100,000 – £150,000

Product & program management

AI Product Managers earn a 10–25% premium where the role involves genuine model work. Technical Program Managers track engineering-leadership pay.

Product & program management — median annual base salary and total compensation for senior product and programme roles. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Median base Total comp (est.)
San Francisco Senior AI Product Manager $190,000 – $250,000 $320,000 – $366,000
San Francisco Technical Program Manager $177,951 – $199,138 $203,500 – $245,000
New York Senior AI Product Manager $180,000 – $230,000 $280,000 – $342,000
New York Technical Program Manager $182,500 $220,000 – $280,000
London Senior AI Product Manager £73,750 – £92,000 £115,000 – £143,500
London Technical Product Manager £80,000 – £115,000 £100,000 – £160,000

SaaS sales

SDR comp has shifted from “meetings booked” to “opportunity accepted”. In New York, SaaS startups compete with trading firms for talent.

SaaS sales — annual base salary and on-target earnings, where OTE assumes quota is met in full. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Base salary On-target earnings (OTE)
San Francisco Enterprise Account Executive $130,000 – $150,000 $250,000 – $350,000+
San Francisco Sales Dev. Rep (SDR) $65,000 – $85,000 $85,000 – $110,000
New York Enterprise Account Executive $120,000 – $150,000 $240,000 – $300,000+
New York Sales Dev. Rep (SDR) $60,000 – $80,000 $80,000 – $105,000
London Enterprise Account Executive £70,000 – £120,000 £130,000 – £240,000
London Sales Dev. Rep (SDR) £33,000 – £40,000 £49,000 – £60,000

Customer success & operations

As SaaS shifts to efficient, retention-led growth, customer success leadership is now senior and well paid.

Customer success & operations — median annual base salary and total compensation for customer success leadership. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Median base Total comp (est.)
San Francisco Director of Customer Success $168,273 – $186,537 $200,000 – $260,000
New York Director of Customer Success $151,668 – $161,690 $180,000 – $250,000
New York VP of Customer Success $233,675 – $249,297 $280,000 – $350,000
London Head / Director of CS £66,000 – £80,000 £85,000 – £120,000

Executive & technical leadership

Executive & technical leadership — annual base salary and target OTE or total compensation, excluding founder equity. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Base salary Target OTE / TC (excl. founder equity)
San Francisco CTO $320,000 – $390,000+ $600,000 – $1,200,000+
San Francisco CPO $284,000 – $325,000 $389,000 – $576,000
San Francisco CRO $244,452 – $347,218 $486,000 – $600,000+
New York CTO $340,000 – $358,000 $550,000 – $1,000,000+
New York CPO $220,000 – $269,976 $389,000 – $538,000
New York CRO $200,000 – $250,499 $350,000 – $500,000+
London CTO £160,000 – £250,000+ £250,000 – £500,000+
London CPO £115,000 – £137,500 £160,000 – £280,000
London CRO £160,000 – £280,000 £270,000 – £530,000 (OTE)

Robotics & autonomous systems

A 2026 growth area — edge computing, computer vision, industrial automation.

Robotics & autonomous systems — median annual base salary and the pay premium over comparable software engineering roles. US dollars for San Francisco and New York, pounds sterling for London. Figures last restated June 2026; page last reviewed .
City Role Median base Premium
San Francisco Mid/Senior Robotics Engineer $165,303 – $240,900 High
New York Mid/Senior Robotics Engineer $160,000 – $180,000 High
London Mid/Senior Robotics Engineer £82,500 – £106,711 Moderate

How these benchmarks are put together

Two different things are being measured in the tables above and it matters which one you are reading. Median base is the annual salary a company commits to in the contract of employment. Total compensation is base plus bonus plus the annualised value of equity, and it is largely self-reported by people in the roles rather than advertised by employers. The two come from different data with different populations behind them, so a base figure and a total compensation figure on the same row are not two views of one number, and the gap between them is not a bonus you can simply offer.

The total compensation column skews towards large technology employers, because that is where self-reported compensation data is densest. Read against the audience this page is written for — scaling AI and SaaS companies — the top of a total compensation range is usually a large-cap number rather than a Series B number, and it is labelled as such rather than averaged away into something that looks reasonable and is true of nobody.

Figures are checked against the market every month and fully restated every quarter, on 1 January, 1 April, 1 July and 1 October, with the review date published on every table. Nothing here is a Hurren & Hope rate card or a quotation. These are published market ranges, and what any one company should actually pay depends on stage, funding, location policy and the shape of the team the hire is joining.

Equity: the part that decides US offers (and why London can still win)

  • US (SF & NYC): equity is central, not a bonus. Early-stage uses options and SAFEs; public-market comp uses RSUs. Funded startups issue refresh grants around Series B to keep key people aligned to a long-term exit.
  • London / UK: headline bases are lower, but the EMI scheme is a powerful tax vehicle — qualifying gains can attract Capital Gains Tax capped at 18% on the first £1m of lifetime gains (as of April 2026), making UK equity highly efficient on exit despite lower upfront valuations.

How to build a competitive offer

  • Benchmark to level and scope, not title — titles are inconsistent across startups.
  • Lead with total comp in the US, base + EMI equity in the UK.
  • Treat AI experience as a premium line item (40–60% for engineers, 10–25% for genuine AI PMs).
  • Move fast — the strongest candidates are off the market quickly.

Once you’ve benchmarked the role, we can help you make the hire — permanent, contract or retained search — and you can spread the cost with Pay While They Stay™.

Frequently asked questions

How much does a senior software engineer earn in 2026?

Senior software engineer base salaries run roughly $191,700–$236,925 in San Francisco, $180,000–$220,000 in New York and £80,250–£130,000 in London, with total compensation materially higher once equity and bonus are included.

Which city pays technology talent the most?

San Francisco sets the global ceiling, especially for AI/ML and executive roles, with New York close behind. London’s headline bases are lower but its EMI equity scheme makes total take-home on exit highly tax-efficient.

How much more do AI/ML engineers earn?

Roughly a 40–60% premium over comparable baseline engineering roles in 2026.

Is London equity worth less than US equity?

Not necessarily. UK EMI options can be taxed at a capped 18% Capital Gains rate on the first £1m of lifetime gains (April 2026), which can make UK equity highly efficient on exit despite lower upfront valuations.

How current are these figures?

These benchmarks are checked against the market every month and fully restated every quarter, on 1 January, 1 April, 1 July and 1 October. The figures currently shown were last restated in June 2026; the page was last reviewed on and the first fully sourced restate is due 1 October 2026. The review is scheduled and dated rather than done when someone remembers, so the figures above are never more than a quarter old.

Benchmarks are indicative market ranges for scaling AI and SaaS companies and will vary by company stage, funding and individual experience. Not financial or tax advice.

Related reading

Know the number — now make it count. Read how to prepare for a tech interview, work out your career North Star, and weigh pay against the life you want in how much do you need to earn to be happy?