Because doing every single thing in-house is a different, more extreme value.
I'd love to be a $207k/mo. lunch lady.
I can count on both hands the number of meals I’ve had that would be made by such a person.
But what I wouldn’t want to experience is the amount of additional exercise I would require for my clothes to still fit.
I mean, I'd settle for being a $207k/yr lunch lady. Perhaps I'm unduly devaluing myself..
It's possible they're 100% remote with no receptionists or cleaners. Even if they have offices, a surprising number of highly remunerated jobs involve pushing a mop from time to time.
(I'm actually not sure if we hire a cleaning service for the office, actually...)
You can certainly make do without if your goal is to keep paying everyone the same.
I think in a smaller company I was part of all support tasks were rolled into a single ‘office manager’ role. When it’s all combined like that 200k becomes easier to justify.