In certain supersymmetric GUTs, the higgsino masses are much smaller than the masses of the remaining supersymmetric particles. We review the underlying mechanism, and point out that the supersymmetric little hierarchy can be naturally explained if the electroweak scale is of the order of the higgsino mass. With multi-TeV squarks, sleptons and gauginos, the lightest Higgs mass is compatible with the recent evidence for a 124-126 GeV Higgs. For a less extreme case with the squarks still within LHC reach, we discuss the collider phenomenology.