Re: confidential terms
Experience is not something that should have massive sway on the amount someone earns.
Maybe you should try to evaluate what massive sway is and then, define in relation to what.
In today's globalised IT market, you will/can find a great many people with so-so credentials and very little experience who will work 10 hour days for a massive sway (below, obviously) with respect to the amount someone with decent credentials and years of experience would earn doing the same work and doing it well.
It seems that you are comparing fish with chips.
Yes, they are usually in the same bag but I'm sure that you are aware that they are definitely not the same thing.
This happens because in companies such as IBM (not the only one) those at the top don't give a monkey's toss about anything but their premiums and shareholder dividends.