this post was submitted on 14 Oct 2023
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This phenomenon is normally created by a bunch of mid level people without many stock options trying to get promotions. They need the big arrow to go up to get a good raise, be recognized, etc in their individual business units.
The people pushing things to go up are typically not motivated by the gross number as much as they are making their boss happy enough to pay them more. That's why the change is all that matters.