Yeah, I’m gonna bring gender into it, because I’m a woman and when women take on roles like this they often get pigeonholed into “den mother” stereotypes. That means less prestige and less prestige usually means less pay.
Having the admiration and respect of the next generation of developers at your company offers far more leverage than the nebulous prestige. If you mentor three engineers, that's three warm bodies at your company who will have good things to say when asked about you. If you do a good job, you now have a team of four capable engineers who can get things done.
What could provide more organizational political power than building a hierarchy of capable engineers that consistently come to you when they need help?