When highly compensated people moan about the less compensated people not putting in the same kind of hours I wonder what kind of blinders they have on. Anyone who has even a little bit of smarts realizes that they generally shouldn't work as hard as their boss, because they will not be compensated the same.
Early on in my career I believed the mantra that managers shoulder more risk, so that is why they deserve higher compensation. But in my 30 year career I have never seen anyone in my management chain face legal trouble. At most managers were fired, same as regular employees.
Very high level position hiring tends to be slower than lower positions, so you could argue that that is the reason the VP salary should be higher. But the compensation is so out of whack that this doesn't hold water either. Companies could save a lot of money if they paid employees more uniform compensation, and when firing someone, the compensation package would be proportional to how long a person in that position typically takes to find the next job. So maybe an engineer would get a month, and a VP 6 months equivalent of salary.
Early on in my career I believed the mantra that managers shoulder more risk, so that is why they deserve higher compensation. But in my 30 year career I have never seen anyone in my management chain face legal trouble. At most managers were fired, same as regular employees.
Very high level position hiring tends to be slower than lower positions, so you could argue that that is the reason the VP salary should be higher. But the compensation is so out of whack that this doesn't hold water either. Companies could save a lot of money if they paid employees more uniform compensation, and when firing someone, the compensation package would be proportional to how long a person in that position typically takes to find the next job. So maybe an engineer would get a month, and a VP 6 months equivalent of salary.