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Salary is great criterion to pick an employer.

Underpaying employees is a clear sign that a company tries to exploit them. So it creeps in work life balance, unlimited responsibilities, abusive management etc

It is also a clear sign that they do not value the work that these employees are doing.

So if a company pays pennies for example for ML engineers, you know that they don’t have vision to grow there, they are just checking boxes.

On the other hand if employees are greatly compensated that means that the company is looking for the greatest talent out there, so they are seriously invested in the area, aka you have good potential to grow.

Also companies that compensate great have no incentive to abuse their super stars. Exactly because they have invested a lot.

So money is the first and only measurable criterion to reject an employer before even finishing the interview loops.