I’m stuck in middle management, and have many middle and senior management peers, so I see both sides of the arguments here getting pushed back hard. I cannot begin to imagine the top willing to take a cut, there’s no benefit for them what so ever. Anything lower tries to justify will just be brushed off. On the flip side, I definitely do not want to reduce entrance requirements… bad hires hurts my team’s performance in non linear fashion.

If meaningful changes were to happen, it would have to be mandated by laws and regulations, but I don’t see a path for those laws and regulations to change without drastic societal changes that would support such.