My first job billed my time at $200/hr and my salary was $28k. I was 21 and they would literally put me on projects solo. Once a client was on retainer the execs disappeared and let fresh college grads do the work, it’s a total scam.

I tried another agency job 2 years later and it was exactly the same. Changed again a year later, and the same story. Had enough experience to quit and go freelance at that point.