https://marco.org/2008/12/30/yes-fog-creeks-standard-salary-out-of-college-is
Yes, Fog Creek’s standard salary out of college is $75,000, and we’re very profitable. Our product is not a commodity and the same quality product could not be created by “cheap” overseas labor. Software development is DESIGN, not labor, and software developers are not interchangeable. Indian and Chinese developers make less money because they’re adding less value. It’s basic economics.