Unfortunately a competitive rate agreed to in advance with a company before we do any pentesting is the only way we have ever been able to get paid fairly for this sort of work. Finding bugs in the wild as this researcher did often gets wildly underpaid relative to the potential impact of the bug, if they pay or take it seriously at all.
These companies should be ashamed paying out so little for this, and it is only a matter of time before they insult the wrong researcher who decides to pursue paths to maximum profit, or maximum damage, with a vuln like this.