Note well: I'm not saying that this is OK, either legally or morally. I'm just saying that the parent is way overhyping the problem.
Creating this artificial ceiling in the low 6 figures is awful, regardless of how badly people making less than that are getting screwed. As far as I'm concerned, they're as hopeless as a bucket of crabs and we shouldn't use them as a bar or relative bar for anything.
Do I-bankers look at they're comp and say "yeah that's pretty good. I'm ok getting screwed out of any more"?
I think we should always be advocating for our group as hard as we can.
[1] https://www.vox.com/2019/4/4/18293900/google-contractors-ben...