You people (as in this HN community) have your conception of middle management taken from memes, comics and to some extent a lack of experience. Managing even 5-10 people means juggling projects, personnel management, being held accountable for all actions of your people, having to be sandwiched between the pie-in-the-sky class and the myopic individual, translator in between. It means jumping on outage calls, doing architecture reviews, and getting slammed with meetings.
Please tell me where these 'managers make a lot of money and do nothing but approve timesheets' companies are, I'd kill to work for one!