A bank in Australia over a decade ago (National Australia Bank if I remember) hired an imported CEO who failed miserably in his tasks and was sacked after a year. For his year effort he got 140 million dollars if I remember.
Executives should be paid more due to the various tasks/responsibilities but perhaps it should be a factor tied to the lowest wages in the company. If you can't afford to pay the lowest paid more, the highest paid shouldn't go up either.
That's not a bad idea. Obviously not every CEO should be labelled with the same brushstroke but... apparently many of them have psychopathic tendencies and very little empathy towards others.
I wish I could drive my place of business into the ground and make double my salary and still be able to find work elsewhere when i shit the bed... one can only dream.
I remember hearing that it is very high in leaders. It is a spectrum of intensity across a matrix of positive to negative I assume. In some it makes them vet good at what they do, others well, stereotypical psychopaths.
The still be able to find work makes them robust at least, often antifragile. They can fuck up and wind up in an even better job.