Well written article and could not agree more. No one is worth $50k+ per hour, no one. Most large companies and conglomerates tend to be run by middle management and the rank and file employees. Senior managers spend most of their efforts in trying to climb the ladder to the top job which can be detrimental to the company. As for compensation the CEO's salary should maximum 15 times higher than their lowest paid employee. The result would be a lot of entry level people making a living wage. Severance packages, "golden parachutes", need to be limited to 1 month pay per year of service and not amounts like $100 million.