More like the CEO/CFO are only expected to have a churn rate similar to competitors. Above: raise comp. Below: slow down.
Source: I was involved in comp decision meetings in previous jobs. They don't say it explicitly but the expected rates lead the discussion. Blame investors and boards whose goals are never past a year or two. This is the same in startups and in large companies.
>More like the CEO/CFO are only expected to have a churn rate similar to competitors. Above: raise comp. Below: slow down.
Honest, curious question- What exactly is it that's wrong about that? Doesn't that exactly reflect the point that "they are still competing with the market to retain their existing employees"?
Source: I was involved in comp decision meetings in previous jobs. They don't say it explicitly but the expected rates lead the discussion. Blame investors and boards whose goals are never past a year or two. This is the same in startups and in large companies.