I imagine the salary bumps occur when the individuals who have developed these productivity boosting skills apply for jobs at other companies, and either get those jobs or use the offer to negotiate a pay increase with their current employer.

I haven't seen any examples of that.

Over the past few months mentions of AI in job applications have gone from "Comfortable using AI assisted programming - Cursor, Windsurf" to "Proficient in agentic development" and even mentions of "Claude code" in the desired skills sections. Yet the salary range has remained the exact same.

Companies are literally expecting junior/mid level devs to have management skills (for those even hiring juniors). They expect you to come in and perform on the level of a lead architect - not just understand the codebase but the data, the integrations, build pipelines to ingest the entire companies documentation into your agentic platform of choice, then begin delegating to your subordinates (agents). Does this responsibility shift not warrant an immediate compensation shift?

> apply for jobs at other companies

Ahh, but its not 2022 anymore, even senior devs are struggling to change companies. Only companies that are hiring are knee deep into AI wrappers and have no possibility of becoming sustainable.

The only group whose salaries have gone up as a result of LLMs are hardcore AI professionals, i.e. AI researchers.