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Just for fun I put in a developer with skill level 5 and 20 years of experience living in the San Francisco area.

http://stackoverflow.com/company/salary/calculator?p=1&e=20&...

It calculated $198,220

I would guess that type of developer in the San Francisco area could earn a double or triple that amount (included bonuses and stocks) at one of other companies.

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What is ridiculous is not necessarily the salary but the portion of it that is for "Location Adjustment", $18,020. $20k extra to live in the Bay Area or New York is pretty ridiculous. For me in Houston TX I can live half as cheap, so 20k is nothing.

They said the calculation doesn't include equity, so it's difficult to say whether the salary is competitive (since really it's total comp that people are concerned about).

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