Those aren't FAANG wages but they aren't awful wages for most of the country either.
It also used to pay better, although at this point I'm pretty sure operating COBOL is just a sign that you're unwilling or unable to invest in upgrading your <1990s IT. The remaining companies operating COBOL systems likely aren't even able to pay top dollar.
Ok, well if that was the case then the original description of rich people paying to maintain out of date things would probably fall into the same scenario - although my experience is whenever I have checked COBOL over the years the wages have never been particularly impressive.
>Ok, well if that was the case then the original description of rich people paying to maintain out of date things would probably fall into the same scenario
Not really. We're comparing a programming language that has been legacy since the 1990s and has been gradually phased out over a period of 30 years and a process that accelerates the creation of legacy code in any language.
COBOL was always going to die eventually. I think, if anything, the fact you can still net over 100k writing it in 2023 kinda proves my point.
It also used to pay better, although at this point I'm pretty sure operating COBOL is just a sign that you're unwilling or unable to invest in upgrading your <1990s IT. The remaining companies operating COBOL systems likely aren't even able to pay top dollar.