Depending where you're trying to bring developers to, I think you might have to offer even more than that. Maybe if your business is in the Valley, Portland, S

Depending where you're trying to bring developers to, I think you might have to offer even more than that. Maybe if your business is in the Valley, Portland, Seattle, NYC, Chicago, you can find developers willing to come in to the office for a $10k/yr premium over telecommuting positions. But in some less popular parts of the USA talent is much thinner on the ground, and I think you might have to offer even higher compensation to get your pick of the best local people and/or to get people to relocate to your second tier city. (And of course relocating your company to the Bay Area is going to cost "a lot," to put it mildly.)