Aspects of #1 are interesting because it offers a path to making it easier to get a raise/promotion if you can creat the optics that enable the promotion. Any thoughts on how to accomplish that?
Advanced degree, leading a highly visible project, generating significant sales or new business relationships, getting external recognition for your work and reflecting it back on your employer. All of which are strategies that are successfully employed by many professionals to get large increases in compensation.
Even more interesting is how to profit from these incentives as someone who doesn't work for the company. Many highly-visible startup acquisitions happen because a mid-level executive is trying to create highly-visible external accomplishments that justify them being raised up a compensation level.