The salary paid shows the poor financial organization of the company, and the little attention it gave to its payroll, with 10K a month they can hire 2 programmers 3K each plus a program manager 4K, regardless of the experience of @cryptomancer he will never be more productive than 3 people (even if they have less experience).
They should start to see salaries outside of the bubble of prosperity they lived (which is not a reason to neglect that part) but nothing can be done with the past, thinking about the future they should analyze all the salaries of the team.