But companies don't pay high salaries for the 80% mundane and easy tasks you do day to day. They pay for the 20% that is challenging and especially for that 1% of problems that occur only once every few months or years. If that 80% was 100% of the job then the company could pay 1/2 to 1/3rd the amount by outsourcing it.

I disagree, companies pay based on the problems you can solve to make them money or help achieve organizational goals. One of those ways can be coding, but there are many others.