> That's when you pay more. A highly skilled programmer can easily make a million dollars a year for a company, so if demand is really that high and supply that

> That's when you pay more. A highly skilled programmer can easily make a million dollars a year for a company, so if demand is really that high and supply that low, there would be far more companies willing to pay $500k salaries. A programmer can easily make a million per year for a company and still find himself with almost no leverage within the firm, compared to someone on the business side of things doing the same. I'm in that situation myself, having made the company my salary for the next decade or so within my first year there, and yet you would not know that from looking at the work I'm doing here now or my career prospects here going forward. The fact is it is difficult for non-programmers to properly assess the skill of other programmers, and at the same time existing programmers within just about any company you can name, are low-status enough that their recommendations for salary will go ignored. And so it is easy to see how most of the players on the supply side of the job market for software development, will behave very irrationally.