Top-heavy pay structure. While the most any employee is eligible to receive in base salary is $350,000/year, upper VP+-level employees receive bonuses far exceeding the 'average' employee's year-end bonus, as a percentage of compensation. Also, some VP+-level employees are eligible to receive stock compensation and other executive compensation, which further increases their salaries. (For example, search "t. rowe price" "rob sharps" and salary on Google.) Additionally, poor performance in 2022 and 2023 forced at least 2 mass layoffs.