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Re:Switzerland vs Silicon Valley for Software Developers by notus on Tuesday October 15, 2019 @10:09AM (#21258491)
That mindset is definitely not exclusive to Europe, almost every country on the planet thinks managers and MBA's should be paid more than individual contributors. It's only a very recent trend in the US that it started to change.
Re:Switzerland vs Silicon Valley for Software Developers by api on Tuesday October 15, 2019 @10:11AM (#21258509)
... and only in parts of the US.

Historically compensation tends to be tied to age/seniority and hierarchical status, not contribution per se.