That’s sounds like a functioning free market. Either they find the quality of labor they require at that rate, or they don’t. Either you take such a job at that rate because you have the required skills and knowledge and that’s your best offer, or you don’t.
Exsept usually adding extraneous requirements and low pay offer is cover for wanting h1b1 wage slaves that have a visa bound to the employer so they can't demand market rate or risk being sent home so a new artificially low market rate is created. So much for it being a free market.
