Hiring managers don't list a salary. If they do they're looking to hire really junior engineers who probably can't write a linked list reversal program anyway. In my 13 years working at startups I've never applied for a job that listed a salary range.

Ultimately, within reason, good programmers are worth whatever you have to pay them and bad programmers aren't worth what you pay them. There are way more bad programmers than good programmers and money isn't the way to attract the good ones. You have to attract them with interesting problems and a great work environment. If they're there for the money then they're probably no good anyway.