I could easily imagine a company getting paid 32× the salary of a 10× engineer.
Plenty of people do accept 1/32 of their output value (and plenty of people don't know the value of their output). I think you are just saying you don't deliver much value (presuming you are on a salary).
I know consultants that have been paid $x and have delivered value of 100 times x. When you work on a 100 million dollar project, and you do something to save 10 million, it is difficult to capture 1 million of that saving as a consultant or employee.
(Rule of thumb: if you are a 1× engineer, you should be delivering value at least 2× your cost of salary).