You understood me.  If you want a good engineer you should expect to
pay him more.  The guys I knew in college who I'd say were good
engineers (though less experienced, as you say) made more than 40k
when we graduated two years ago and housing and fuel costs have gone
up a lot since then.  Some of us did, anyway, and we all deserved to.

Unless you consider campus jobs and internships to be real experience
(I believe it is) but generally nobody seems to think so.

Thanks very much for posting the target salary though, I think we all
appreciate that.
I agree -- I wouldn't expect to pay the low end of that range to a graduate. We didn't want to exclude anyone (current students) by placing our starting range higher than they'd apply for. We currently employ a student who's working on his degree part time and working full time, and he's done a great job, and is nowhere near the bottom of that range, because we recognize his skill as an engineer and his value to the company.

Entry-level wage (for recent graduates) software engineers last year was ~50K, so I'd expect it to be a bit higher than that this year, as you point out. You're right, though, that the higher end of that range is low -- that's my mistake. Like Jesse pointed out, good engineers are well worth the money. We're always flexible with pay when we find someone we like.

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