Not necessarily.

Signal has people who are experts in their field. They engineer solutions that don’t exist anywhere else in the market to ensure they have as little information on you as possible while keeping you secure [0]. This in turn means high compensation + benefits. You don’t want to be paying your key developers peanuts as that makes them liable to taking bribes from adversaries to “oops” a security vulnerability in the service. In addition, the higher compensation is a great way to mitigate losing talent to private organizations who can afford it.

[0] Signal has engineered the following technologies that all work to ensure your privacy and security:

• Post-Quantum Computing Resistance
• Private Stories
• Group calling
• Private admin permissions
• Secure Value Recovery
• Private Stickers
• Sealed Sender
• Private GIF search
• Private Contact Discovery
• Encrypted Profiles
• Reproducible Builds