[fatnoah]

Fully agree. After getting to second and third level management at startups and larger companies, I chased the $$$ to a first-level management role at a FAANG. The pay was multiple of what I ever dreamed of making, but expectations were set making the assumption that I had literally nothing to offer other than to manage performance and to find ways to generate "org impact" by being on random committees. All of the other things I did, such as technical mentorship, helping my higher level ICs get greenfield projects off the ground (starting a new thing is a surprisingly uncommon activity at larger companies), etc. was not valued at all.

I eventually bailed out and am now getting paid 1/3 as much to deliver 10x the value to startup.