You’d use median income as the benchmark, but give them a current (or historical) multiplier. Fun fact: before 1970, the board of directors was a prestige position, almost always unpaid. Before 1980, average (mean) CEO salary was pretty close to mean worker salary, which would probably have been around 2x median.
Does this not incentivise them to prop up the overpayed class of management so they can point to is as a comparable?
You’d use median income as the benchmark, but give them a current (or historical) multiplier. Fun fact: before 1970, the board of directors was a prestige position, almost always unpaid. Before 1980, average (mean) CEO salary was pretty close to mean worker salary, which would probably have been around 2x median.