[fecak]

There are more than a few cases where working for below market rate can be something other than "terrible" on the part of the employer.

Non-profits are the obvious example where the business typically just can't afford to pay market, but employees accept sub-market pay because they place value on the opportunity to (hopefully) help others.

Companies that offer extraordinary benefits to the employee that may or may not have direct cash value and are often not included when applicants consider "total compensation". Training and learning opportunities are an example of this. Short term loss as investment towards long term gain.