Equity is a long term investment which ideally compounds exponentially over time (even if it only matches inflation) in a way that you, as an active participant

Equity is a long term investment which ideally compounds exponentially over time (even if it only matches inflation) in a way that you, as an active participant, can positively or negatively influence. Salary is steady income that linearly accumulates (and loses value over time unless invested), so it's kind of apples to oranges. Undervaluing a modest amount of equity when you're young can lead to a large missed opportunity cost decades later. It's certainly hard work with an element of luck to get equity in a company that takes off like a rocket, but that's why high-risk high-reward is a saying. If your compensation doesn't accurately reflect your merit to the company, then it instead reflects arbitrary social power dynamics. If you stick around somewhere that you believe is taking advantage of you, and try to up your pay through leverage or non-merit based arguments, then that definitely seems like politics to me. Just asking for money if you think you deserve it isn't inherently politics, though. If you're genuinely being underpaid and think the company is dropping the ball but acting in good faith, then having an honest conversation with your manager is healthy, and should result in the situation being resolved favorably.