That’s true. L6 offers are 700k to 900k plus whatever stock appreciation and refreshers. L7+ has nominal value of 1M+.
My point is for the past several years staff has been clearing 1M W2 or more per year and the nominal offers are high 6 figures. L7 and L8 offers are nominally 1M.
If I could make that money working on cool science and aerospace I would. When I graduated, Boeing, Lockheed etc wouldn’t give me the time of day but adtech welcomed me and paid me more in 1 year than Boeing would have in 10.
L6 being 700k+ is a top tier offer even from a big company. That’s an exceptional offer for staff. I know several people in staff roles and they were not offered that comp upfront. They get to that through appreciation.