90 Cents of Every 'Pay-For-Performance' Dollar for CEOs Are Paid for Luck
Excellent points in this article - another factor is they are often paid outrageous base salaries (plus options) for the success of a company, when the success of that company can often be in spite of the CEO, coming from within, and embodied equally by all of the collective employees.Executive comp is a major racket, enforced by the standard that this is "what the market average is". Which is set by executives overpaying themselves.Ask yourself if your CEO is really working 100x as hard as you, or 100x smarter than you. The answer is usually a definite no.  I'd really like to see more fair pay in this area and a culture that treats contributions of all employees more equally.