You have a bigger problem with IT then investment banking and international politics?
I am personally very happy that once in a while engineers are getting a kind of fair deal. Of course let's not forget that salaries in Silicon Valley were artificially suppressed for a while in an illegal agreement between the likes of Google and Apple. So being underpaid is what we should be really complaining about.
Let me be clear: we are undervalued by our companies, and overvalued when sold to the customers. Have you looked at apples/googles net (official) margin? 20+% Stuff like Danone are 5%. And They have incentive to underestimate their profit for paying less taxes.
A coder is like 40% ROI once you set your monopole.
The only merit of a boss? Being bornt wealthy, and then all he is doing is walking into the open like Riquet with the tuft. http://en.wikipedia.org/wiki/Riquet_with_the_Tuft
He can act as a jerk, be an asshole, but everybody gives him the credit of the employees real value, and of course the real benefits.