The title chasing is becoming a much bigger issue than it was 10 to 20 years ago in engineering. Titles get thrown around so much they are almost meaningless. It always happens in start-ups where they can't pay enough, so everyone gets a VP title and they try to milk that for all they can.
Bro, you were a "VP" of a department with 2 people and one of them was a part time contractor.
There has been an influx of grifters that can't hack it as an engineer weaseling their way into manager/lead roles and expecting to get paid the same as a good engineer. The corporate ladder climbing know-nothing fuckers are the worst. They bring nothing to the table other than being a good bullshitter and knowing their corporate speak.
In my world a good engineer will always make more than some dope managing tasks in Azure.