it may not be a fair assessment of the executive's work. Having spent a fair amount of my time at a big 4 accounting firm, what I did for the firm amounts to nothing from a big picture investor perspective, however from a day to day stand point of keeping things running I think I played a vital role.
It is certainly easy to make a statement such as "charlie is not carrying his weight" but I'm sure alot of the work done behind the scenes are not visible or even quantifiable from our perspective.
We are arm chair managers, there's no way we can possibly know if those executives are worth what we pay them. Anything over $100k for an HR director is simply ridiculous in my opinion, and ours gets over a mill in stock options.
From a reality stand point, is any employee worth more than $200k per year? I'm of the opinion that the obscene salaries most executives receive are a major factor in why our economy is not as good as it can be. Imagine instead of paying millions of dollars to these people the money is reinvested in drug development or driving corporate growth instead of lining the coffers of executives lavish homes and luxury cars.