Counter example: https://www.thedailybeast.com/frontline-workers-are-going-without-pay-as-hospital-ceos-keep-their-seven-figure-salaries?ref=home
I feel that execs and administrators have become parasites.
How could you organise large corporations and institutions so that they don't need C suite executives? I find it impossible to believe that anyone actually does $8M plus stock and bonuses worth of work.