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Re:Ancient programming language gets new life in the cloud t... by LapsangGuzzler on Saturday August 26, 2023 @09:55PM (#37278744)
Yep, average COBOL salaries don’t touch modern SWE salaries. The crazy money is limited to a few expert consultants as you point out.

> A lot of new COBOL work just gets shipped off to India to be done cheaply.

This is becoming less true for the reason I mentioned above: the pay is much higher for modern languages and tools, which means that the big Indian contracting firms are now training Java/AWS platform devs instead of COBOL. This is creating a growing shortage of COBOL talent that is beginning to impact onshore COBOL dev shops.

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