I know this is a bit of a loaded term, and I'm trying to use this in a non-political/nonpartisan context here- but isn't paying people based on rigid salary ban

I know this is a bit of a loaded term, and I'm trying to use this in a non-political/nonpartisan context here- but isn't paying people based on rigid salary bands a bit, uh, Communistic? Like yes the company should pay you, an individual, based on what they're worth- if someone has 3 years of experience but they're better than someone with 10 years, shouldn't they be paid more? I thought tech culture was about individualism. You know who definitely has preset salary ranges for years of experience and isn't paying based on individual ability? The government & heavily unionized jobs. Seniority Trumps Everything there. I dunno, is that the world we want? I thought tech was philosophically opposed to that kind of mediocrity?