Of course. Top execs are critical to the companies success while those who do the work are fungible resources. If the workers were good, they’d be management, etc.
This sounds like a biased article. First of, this increased compensation is only being offered to a few upper level employees. May be they are trying to prevent those execs from jumping ship to competitors like Meta and Apple.<p>Only FAANG companies have been doing similar things to prevent churn.<p>Also, normal software engineers at Google are not lowly paid. In fact, all FAANG salaries are in the top quintile in the bay.<p>In fact, at many of these tech companies, it is easy to hire at junior level because there is a lot of talent applying (unless you are hiring to fire) but harder to retain at the top level