My experience comes from working for highly structured corporations. The pay wasn't abysmal, but wasn't that great, either. The pressure could be pretty intense; especially at the last corporation (a famous Japanese optical company). I stayed there, for almost 27 years. The reasons I stayed, are many, but money sure wasn't one.
I saved enough to be able to retire, when the tech industry let me know that I was too old for them (at 55). I'm not rich, but happier than I ever thought I had a right to be. Also, I do more work, and am much more productive, than I ever was, as a wage slave.