I would say this makes it more likely for people to be underpaid, especially when factoring in hours worked. See SpaceX for another example.
A company like Google, paying substantially over minimum wage, is probably not underpaying most employees systematically, almost by definition IMO.
I still agree that 'underpaid' is a difficult term here. Maybe the 80% are overpaid? The only hard fact in this example would be that the salary is more skewed than it should be for a 'fair' compensation.
Should the salary distribution mirror the talent distribution, or no?
I believe the productivity figures are at least a factor of 2, and probably a tail out to a factor of 10 or more versus the median developer (and then a left-going distribution under the median where a substaintial number of developers do not create any value at all). Under that set of beliefs, 20% making ~$150K and 80% making ~$200K is actually insufficient skew vs a “fair” system.
What is happening though is a flaw within our logical frameworks. Our cultural biases are making something evident.
If more women are underpaid than men, then that it is obviously and overtly a form of sexism... logically this implicates that If more men are underpaid than women then it is also sexism.
Instead of calling out the logical implication why do people jump to an illogical conclusion?
The question is now, do women experience sexism in terms of compensation at google or do men? Or do neither?
If the answer is neither than what does it mean when I see videos like this popping up all over my facebook feed? https://www.youtube.com/watch?v=3pQ-fUXAeCI