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Politicians pay

There seems to be some complaints over politicians pay increases and that it is unfair. Yes if you were to include politicians as a normal 9-5 job I agree. But its not. A politician is a leader, and hence their pay rises should coincide with CEO's or leadership positions.
Whats more a politician has considerable risk in his/her job. They have to invest a lot of time and money in getting their position, moreso than a normal 9-5 job. In this way they are an entrepreneur, and deserve a higher rate of return. How can we attract more people to run as politicians if we don't make a generous payment.
I am in no way defending what politicians do or how they spend your money for you, but it is not an issue of fairness.