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For the Bay Area these days, those numbers seem about right. Big companies pay 100k to new grads

Seconded. Engineering salaries have jumped significantly recently. With 2 years experience out of college I've seen people getting offers of 120k - 140k.

Is there only a 20% difference between someone with 5-10 years of experience and someone straight out of college??

For the long-term career-conscious and money-hungry, it almost makes you want to plan a trajectory that doesn't plateau at "senior engineer". That seems like a shame/misuse of resources, doesn't it?

I'm in my first midlevel engineering position and including my year end bonus I make about 125k and this was the salary they offered me. My asking price was below what they offered.

Are you in SF? I'm in Houston, and 100K is closer to the norm for engineers here, but of course, 100K wouldn't go as far in SF. Were I to take a job in SF, I'd probably need a $20K-30K premium.

Damn, sounds like I need to go down there then.

Those numbers are what I'd expect to find in Houston, not in San Francisco.

It'd be hard to get me to move to SF in a senior role for anything less than $120k.