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Why do salaries flatten so sharply?

$145k for 0-1 years of experience, rising gradually to only $167k for 15+ years?

Is a person with 15 years of experience really worth only 10% more?

I imagine it's because good engineers are smart enough to realize staying an engineer is a thankless job and move to more managerial roles.

If that were true it would mean there would be a shortage of experienced engineers which should make them worth more.

There is, we have a low bar of what a senior engineer imho.

But the survey uses years of experience, not job titles.

$145k seems too high, $167k seems too low. Weird data - juniors on high rates are more willing to share and seniors in good jobs don't care about these surveys?

That's my hypothesis, too.

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