There are plenty of fully remote openings for senior software engineers looking for $100k TC right now. Every person can make their own calculation
Companies are exploiting the rift in labor due to inflation, COVID, etc right now. For 2 years the power was in the hands of employees. This left a very bad taste in the mouths of management. What companies want is top-tier labor for bottom-tier pricing. It won't happen. If it does, you'll have a bunch of people with 1.5 feet out the door coasting at work.
I worked somewhere where we always had a dozen boomerang FAANG engineers, the practice stopped when everyone realized they were coasting often and getting way to close to deadlines, had poorer than expected engineering output etc.
For me personally, the question is how long I hold out for a job that will pay the bills. E.g., without my kids needing to take out big college loans.
For one thing, I don't want to screw over an employer by taking a job that I know I'll leave as soon as something better-paying becomes available. Hopefully I'll find a decent job before I get that desparate.
*In the U.S.
In Canada, top pay is mostly full remote.
Salaries with Canadian companies pale in comparison to U.S. salaries, with perhaps a few exceptions.
When the market was piping hot in early 2022 I was fielding a few offers and the highest a Canadian company got me (as someone with 8-9 YoE at the time) was 95K (USD). U.S. companies were offering in the range of 120K-150K.
Although I made a huge mistake and took a counteroffer at a lower salary from the company I already worked with, which came with a significant retention bonus (and verbal promise of stock + additional bonuses which never materialized). Now I'm making about 70K USD as a lead.
Which is probably more than I'd get from a Canada-based company right now to be fair.