In my experience in major tech companies, at the same levels of experience there is very little disparity between management and engineering salary. This leads

In my experience in major tech companies, at the same levels of experience there is very little disparity between management and engineering salary. This leads me to believe that this perception is the result of management being more tenured than the population of engineers. This same reason middle aged people make more than those out of school, and that the vast majority of wealth is held by seniors.