A grade 7 manager will ALWAYS earn more than any other grade 7 ... managers always make MOST ... than a grade 7 engineer or grade 7 project manager etc..
Many jobs are advertised as manager. If you are individual contributor, it will be changed to PM.
At Intel, they don't believe that Managers can be individual contributors managing a PRODUCT, A INITIATIVE, A Technology etc.
Intel thinks a Manager can only be a PEOPLE manager. Again being backward manufacturing management thinking, typical of semiconductor industry .. they have a long way to reach progressive levels and be on par with rest of tech industry. Better to get out of this $hit hole , what a fuuuccckkked up company. It is not a place for ambitious and productive people.
Intel is great company to rot in, collect paycheck over a long time without any learning or career development because only skills for every job they ave are using excel and power point, and being able to manually count because reports generated to make decisions are pure garbage.