I don't disagree with your broader point, but I'll make a small nit that I don't think peer/spot bonuses are a meaningful-enough portion of TC that they matter

I don't disagree with your broader point, but I'll make a small nit that I don't think peer/spot bonuses are a meaningful-enough portion of TC that they matter from a financial perspective (unless the numbers have changed significantly over the years). The 'kudos' part of it was more meaningful to me.