I think you are comparing apples and oranges here.
An individual contributor is typically given a tangible task (eg: deliver a product that does x in y months for a cost of z). There are several qualified people they could choose from to achieve this task, which drives down the cost. I worked for a company with 10,000 engineers. Oversimplifying for effect, but their skills are not unique.
A leader is given a far more intangible task (eg: gain 30% market share in z years for your division OR deliver 9M of product per day through 202X), and they are taking a huge risk. The team under them may not have the slightest clue how to do this. The interest rates can change. Currency fluctuates. They are paid to calmly chart a path through the chaos and deliver a result. At this level, there were about 60 of us, and the atmosphere gets rarer as you rise further in the ranks. They made absolutely certain we were kept super happy because we could create tangible value orders of magnitude above the average employee, and they REALLY did not want us working for a competitor.
An individual contributor is typically given a tangible task (eg: deliver a product that does x in y months for a cost of z). There are several qualified people they could choose from to achieve this task, which drives down the cost. I worked for a company with 10,000 engineers. Oversimplifying for effect, but their skills are not unique.
A leader is given a far more intangible task (eg: gain 30% market share in z years for your division OR deliver 9M of product per day through 202X), and they are taking a huge risk. The team under them may not have the slightest clue how to do this. The interest rates can change. Currency fluctuates. They are paid to calmly chart a path through the chaos and deliver a result. At this level, there were about 60 of us, and the atmosphere gets rarer as you rise further in the ranks. They made absolutely certain we were kept super happy because we could create tangible value orders of magnitude above the average employee, and they REALLY did not want us working for a competitor.