I've been doing a little research on sites like Dice and Monster today. It is interesting to see that PHP developers earn on avg 1/2 of what Ruby on Rails and Python developers earn, and roughly 50% less than Java and .Net developers. PHP developers are even earning less than HTMl5 and JavaScript guys these days.
I have my own theories, but I'm rather interested to hear what others believe are the reasons for this. And as a related question - does that mean consulting companies should also be charging 1/2 as much for the same solution if it is developed in PHP, not Ruby on Rails?
Note - I'm being both facetious and sincere in asking that question.