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The world is currently at a point in history in which tuition and pre-existing leadership chops are worth their weight in gold. Whereas modern leaders have been able to rely heavily on roadmaps and analytical tools to divine the right path for the companies, the unpredictability of the pandemic, and the volatility it caused in the world of work, stripped away the ability to lean on longstanding processes for many.
We can see evidence of this in the top executive trends; bonuses and pay structures for leaders with a proven track record in leading through times of hardship are booming, with the express purpose of convincing execs to stay put, despite being in high demand.
Bet365 Group | Has executive pay gone too far?
Grapevine Leaders previously wrote about the likes of Denise Coates, CEO at gambling giant Bet365 Group, who this year was awarded one of the biggest pay packets in corporate history – more than 50% higher than the £277million received in 2019.
Similarly, CEO of European budget airline Wizz Air, Jozsef Varadi, won approval from shareholders for a potential £100million ($139million) payday earlier this month, reiterating just how valuable his company views his continued efforts.
