In many countries, a small number of people earn extremely high salaries. Some people believe that this is good for the country, but others think that governments should not allow salaries above a certain level. Discuss both views and give your own opinion.

A small
porpotion
the quotient obtained when the magnitude of a part is divided by the magnitude of the whole
proportion
portion
of people in countries around the
world
is said
Suggestion
are said
to have
enourmous
extraordinarily large in size or extent or amount or power or degree
enormous
salary compare to other normal employees. It is argued that having citizen who earn huge salaries bring benefits to one country,
however
, others claim that it is needed to have regulations or laws to limit the amount of pay rate among these executives and managers. On the one hand, there are some benefits of offering maximum
wage
rates to top executives and directors of a corporation. Having
brilliant CEO
Suggestion
a brilliant CEO
or directors who understands the
company
's vision and mission plays a crucial role in the development of a
company
. In order to have these people, it is a must to pay extremely high
wage
rates to either attract or hold these talent workers. Paying high
wage
is
also
a way to maintain the
competive
involving competition or competitiveness
competitive
comparative
advatages
the quality of having a superior or more favorable position
advantages
of a
company
over competitors in the market and
also
to avoid loosing brilliant people into the enemy hands.
For example
,
Alphabet multinational
Suggestion
an Alphabet multinational company
the Alphabet multinational company
company
which ranks in the top ten biggest companies in the
world
, pays their CEO huge amount of money to keep the
company
on track. Earning huge money
also guarantee
Suggestion
also guarantees
has also guaranteed
is also guaranteeing
that top executive will pay full attention to the development of the
company
and not wonder about earning their
lifes
a characteristic state or mode of living
lives
life
. In details, Tim Cook, who receives annual salaries among the highest in the
world
, can spend all his time
to make
Suggestion
making
Apple the best
company
in the
world
.
On the other hand
, in my opinion, it is very risky for a country to have firms that process a huge gap between the top earners and normal workers. Having limitation on the maximum
wage
rate can decrease the inequality among employees in one
company
and by that create a friendly working environments. More money will be invested
to
Suggestion
in
the long-term strategies of a corporation
such
as technology development, marketing strategy
enhance
Suggestion
enhances
and firm sustainability.
This
will bring many benefits to not only the business firm
itself but
Accept comma addition
itself, but
also
to the nation. In conclusion,
eleminating
terminate, end, or take out
eliminating
the limit of maximum
wage
rate can outweigh its drawbacks. Loosing top executives to other competitive countries or opposite opponents can result in the destruction of a
company
and economic depreciation. In my point of view, nation leaders must not setting limitation to avoid any harmful
affects
property of a personal character that is portable but not used in business
effects
to the business firms and economic developments.
Submitted by hieu.9a8.dt on

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Topic Vocabulary:
  • incentivize
  • discrepancy
  • inequality
  • social cohesion
  • equitable distribution
  • wealth concentration
  • talent retention
  • global competitiveness
  • social unrest
  • innovate
  • government intervention
  • salary cap
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