Not really. If you negotiate with yourself is that really a fair negotiation? When executives "negotiate" their wages they negotiate with other executives, everyone at the table has an interest in seeing executive compensation go up. Thats the reason why executive pay has skyrocketed, no other reason. No supply and demand, no invisable hand, the game is rigged plain and simple. Years ago Executives were more cautious because they knew that outrageous compensation would be an invitation for trouble, trouble from the Unions and other workers. The tax rate was high so they focused on other ways of getting compensation.Todays Union leaders unfortunately aspire to be like them, so the criticism exists but its muted. There's some back scratching going on there as well.