[fooker]

Competent CEOs get paid more when you are facing actual competition, because otherwise your competition will hire your CEO.

[lesuorac]

Except that if you don't pay the line workers very much they also leave ...

You can shaft TSMC works pretty well because where they going to go? Intels fab?

That's kinda a story behind China's start into fabs is "poaching" TSMC workers.

My argument is more of a rising ships than a falling CEO; overpay being relative.