Probably depends on the business; I'm sure there are slow moving companies where upper level managers can rest and vest. In big tech, though, the competition t

Probably depends on the business; I'm sure there are slow moving companies where upper level managers can rest and vest. In big tech, though, the competition to climb the ladder can be pretty fierce and a manager is only worth as much as as the value their team has delivered recently. It wouldn't really be wrong to say they have to justify their own jobs more or less every quarter.