What I took from this was that, if you're willing to pay a competitive rate and you're worth a competitive market rate, no one is getting high offers. If you c

What I took from this was that, if you're willing to pay a competitive rate and you're worth a competitive market rate, no one is getting high offers. If you can get the same compensation offer at 5 places in the next 2 months, the cash/equity compensation probably isn't the reason you're going to take a job. Basically, the market has found some salary/equity equilibrium, and it's things external to compensation that are being played around with to attract talent.