there is a disconnect about how companies mildly or jot so mildly “gaslight” employees into burning all of their energy on the job.
Its more cultural than profit-seeking. The profit seeker would want to maximise the effectiveness of the worker, by for example thinking hard about what work is worth doing.
The biggest waste i see is cancelled projects that could have easily been pre-cancelled. The next is features that are hardly used. Followed by technical debt and its impact on velocity.
Minimize risk and time spent in efficient markets with millions of participants (the developer talent pool, the stock market). These places are treadmills.
Instead, spend your free time in inefficient markets by starting a business with the rest of the time you’ve now freed up.
Most B2C and B2B markets don’t have millions of competitors, and hence are much less efficient than the developer talent pool and stock market (which do).
This is the optimal strategy.
I don't know what L9s or 10s are paid; it's probably highly variable and the total number are probably a handful.
if the engineer is doing their job correctly, they are negotiating to be paid more than tne 1x
Why is that a good idea? Isn't there a risk that s/he will then quit?
10x programmers don't make 10x the pay. They might make slightly more, but not even 2x what a 1x programmer (of the same level, no comparing seniors to juniors) makes at the same company.