I have a sneaking suspicion that this is not the case. Companies that want top talent and are willing to pay for it are not shy about that fact. Seeing a legit job posting for a position that pays double your current salary is a solid incentive to apply.
I'm guessing that the subject of this interview probably makes a less-than-competitive salary. Programmer pay has handily out-paced inflation for decades now. She probably started at around $30,000/yr in 1991, if she managed to get a 3% raise every year, that would only bring her to like $63,000/yr.
Naturally, I'd love to be wrong about this. This woman has a demanding and important job and deserves a generous salary for it.
Therefore there's not much chance you can go to another bank and do the same stuff, surely? Therefore less pay.
I've been raised to not ask what people make, that it's considered rude - so I have no clue what she makes.
Sure, but within the same family? While I was a kid this was vital to get some idea of the family budget. :P
Of course, it's simple enough to look up at Skatteverket...
It's over double the average family income in the USA.
Developers straight out of college can sometimes make triple the average household income.
That doesn't mean there aren't underpaid software engineers. Even when their lowball salary is higher than the average household income.
The median household income in the US is a "decent living" in almost the entire country, even some urban centers. Saying that 2x+ is a "decent living" is completely tone deaf.
In Dallas, a fresh out of college CS grad can probably expect a salary in the lower 40s. And the cost of living is cheap enough you can afford a house on that.
I would agree. Between the fact that new companies aren't generally standing up mainframes, and that existing companies are finally getting off them (I know one bank locally that's migrated critical parts of its payments processing to commodity hardware & languages, and the most critical government payments processing system) I suspect it will be a shrinking market. I certainly wouldn't bet on an uninterrupted career out of it, put it that way.