> I have never really seen someone with a "medium" amount of leverage in the business. You are either the manager or the managed.
I think having a "medium" amount of leverage is just not usually explicitly signaled. But it's definitely there.
An engineer can know they aren't at any risk of being fired barring a huge screwup, and use that leverage to coast (and if they're remote, that means working fewer hours -> getting paid a higher effective wage.)