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Evening Standard
Evening Standard
Business
Simon Hunt

Facebook’s London employee pay surges past £260,000

A number of senior execs at Facebook owner Meta have relocated to London over the past year, including president of global affairs and former UK deputy prime minister Nick Clegg.

(Picture: AFP via Getty Images)

Average employee pay at Facebook’s UK arm have leapt past £260,000 as one of the world’s biggest tech firms ramps up its presence in London.

Facebook’s UK employee headcount swelled 37% to 5,148 in 2021, filings with Companies House show, while its employee costs jumped to £1.4 billion, an average of £262,317 per employee and a 6% rise on the previous year. The overwhelming majority of Facebook’s employees work in London, with the lion’s share based at the firm’s gleaming new offices in King’s Cross.

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