I used to pay $125k standard to entry level SWEs back in the 2020-2022 COVID days, fully remote, great benefits. Can hire the same now for $90k, great candidate

I used to pay $125k standard to entry level SWEs back in the 2020-2022 COVID days, fully remote, great benefits. Can hire the same now for $90k, great candidates with good internships, CS degree, etc. But lately I just hire 5+ year experience because there are so many available now, and the cost for them has gone down also.