There's a local agency here in the city I currently reside in that touts they're hiring percentage is lower than Harvard's acceptance rate. They're telling you

There's a local agency here in the city I currently reside in that touts they're hiring percentage is lower than Harvard's acceptance rate. They're telling you up front its really hard to get a job there and its a very "bougie" place to have on your resume - as if they're on the same level as the FAANG companies. The interview process is fairly long, accompanied by an office tour which touts the numerous "Freebies" they offer their employees. Then you find out after the entire process that you'll be getting paid 4050K LESS THAN the industry average. At the time I interviewed with them, I had five years experience in UI/UX and mobile development. What they offered me was essentially what I was making as an entry level dev. It was easy to turn them down. No amount of free Red Bull is going to pay my mortgage.