28 ms·
It seems to decouple quite noticeably around 2008.
by Phlarp 11y ago
It seems to decouple quite noticeably around 2008.
- notahacker 11y agoThe decoupling in 2008 is plausibly explained by increased pressures for pay restraint following the financial crisis.
- Phlarp 11y agoI agree, but now we're back to confusing correlation with causation.
- breischl 11y agoNote that the compensation is partially (largely?) due to "options exercised." Depending on how that data is tabulated, it's possible that many options have not yet been exercised, and thus aren't included in that metric. ie, CEOs might be sitting on a bunch of granted-but-not-yet-exercised options. You could get a better idea by looking at the value of options granted and their vest dates, but I don't care enough to dig that deeply.