Compensation for the top executives at public companies is set by a compensation committee, which is a subset of the board of directors.

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This is because it is the compensation committee's responsibility to determine the salary, bonuses, and other benefits that senior executives should receive based on their performance and contributions to the company. This committee is made up of a group of independent directors who are responsible for ensuring that executive pay is fair and reflects the company's performance and goals. Ultimately, the full board of directors must approve any compensation decisions made by the committee.

Compensation for the Top Executives at Public Companies Is Set