Probably so. However on Wall Street in general (especially in areas investment banking portfolio management, high frequency trading, etc) programmer salaries in the 100-150k range is the norm. Part of that is simply NYC cost of living, of course, but 60k is really seriously low, even for an entry level gig.
> programmer salaries in the 100-150k range is the norm
This is the norm outside of Wall St as well, for anyone who has actual talent and/or experience and isn't a spineless pushover. For example, a truly talented sales engineer can easily make $250k/year + benefits and equity compensation.
