"A friend of mine recently turned down a job promotion that included a raise of $100,000 a year. He has some financial flexibility to turn down the offer, since

"A friend of mine recently turned down a job promotion that included a raise of $100,000 a year. He has some financial flexibility to turn down the offer, since he’s already a mid-level executive at a Fortune 1000 company and makes about $300,000 annually. He said he determined “it just wasn’t worth it” since the promotion called for more travel and more time away from family" That makes absolute sense. Many people would no sell even more of their time if they cannot enjoy other aspects of their lives. But if it's really the kind of position that requires you to give your family time away for the company, they'll likely have to pay even more to fill that position. That's why I don't find surprising at all that executive pay is so much higher than the average employee's. At some level it's hard to justify the extra cash in exchange for your life away. Lots of qualified people would not take that deal