This is what the job is worth, if you want someone competent and responsible for thousands of employees and billions in revenue. Nobody is doing that for $1m/year when one wrong decision could end up costing 1000x more than their salary and hurting livelihoods of the workers.
Focusing on a single number is irrelevant, you must account for everything in the organization and the results.
Also nobody is stopping anyone from creating corporations with different compensation, but clearly there's a certain price required when you get to these levels.
Focusing on a single number is irrelevant, you must account for everything in the organization and the results.
Also nobody is stopping anyone from creating corporations with different compensation, but clearly there's a certain price required when you get to these levels.