True in my experience that managing developers paid better and had other perks like more equity and some control over priorities and projects that was nice. Technical or pure software companies seem to do a better job of valuing engineering talent and how core they are to business but still not as good as they could. The two things I've seen over and over are:

1) Pure technical people are under appreciated and in general under compensated in most organizations. Often management doesn't understand how important they are.

2) Good managers/management are under appreciated by most engineers. It is hard to measure quality in management and it is one of those jobs that when you're doing it best it appears like you're not doing much as you're avoiding bad projects/crisis in the background and putting your people forward to make sure they get their credit and are enabled to get their work done.

I'd like to see some more courses to help technical people be better at management as it isn't something you'll necessarily be good at just because you're really smart. I'd also like to see a technical 101 course for management types so they can better appreciate their true tech talent.

On a side note I thought Havard's article about management research at google and related hacker news comments were interesting. Most management philosophies I've seen weren't in the tech space and I'm not sure the production line and sales team techniques transfer over to software. https://news.ycombinator.com/item?id=6762222