Alright, before I go anywhere, let me just say that I love you Escapist. You know that, right?
With that said...it's harsh truth time (Note: this is just my theory, I have no clue if I'm actually right)!
The Escapist is not in trouble financially or anything like that. The Escapist has ALWAYS been a second tier gaming site (remember, I still love you). With a second tier game site, that means you are receiving second tier pay and this place is a stepping stone for many.
It's just like college basketball (stay with me, I'll explain and it'll make sense!). Every coach wants to get one of the BIG jobs (Louisville for example). However, there are only so many of these big jobs and you need to prove yourself before a big school will look your way. You then join up a smaller school with aspirations (University of Minnesota type place) and try to win with what you have.
Again, I love this place. They have to work much harder at the "User happiness" side of things (like a great Mod staff for example) because of their short comings. I don't think it's some grand conspiracy or management treating editors like dirt; it's as simple as The Escapist is a smaller site so you get a smaller paycheck. Once you demonstrate you can handle yourself at a smaller site, that's when bigger sites (like Joystick) will look your way.