To be clear, I'm not complaining about FAANG/finance comp rates. Anyone taking a bigger paycheck instead of that money going to capital is doing god's work (plus, building a foundation for future capital innovation, if you want the pro-capitalism slant on it—more people with investable capital and more people with cushion to try to build a business is very good). You should absolutely take every dollar you can wring out. They wanna spend stupid-money, see if they'll give you "stupid + $1". All day long.

Just putting things in perspective. "Bad" developer pay is still really good.

(of course, there's a worse tier of pay for developers and sysadmins under that one, but I don't think there's a lot of remote work in that tier that isn't also offshored work—in-person, though, yes)