And they are used to undercut in the marketplace people who, by dint of great application and insane overtime hours, self-improvement and industrial/business currency in their skill area, command a fair compensation of $120k.
It's all about chiseling people who have earned their pay. It's about subverting honest effort and self-improvement. It's about demanding a discount because, as an old boss once told me, "I want the money."
It's about NOT an honest day's pay for an honest day's work.
No it’s about how fast can we race to the bottom...sad.