Some people think that it is a good thing for senior management positions to have very high salaries compared to other workers of lower positions in the same company. To what extent do you agree?

There is a prevailing view that the people at top management posts need to be much highly paid in comparison to the people at
lower posts
Suggestion
the lower posts
in the same organization. I would tend to agree
to
Suggestion
with
this
view. On the one hand, it is true that the associates working in the bottom rungs of the firm are often lowly paid.
Nonetheless
, they are the ones who put in
lot
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a lot
lots
of hours to make
contribution
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a contribution
contributions
towards the core job of the company and help it succeed.
Infact
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In fact
,
such
contributions coming from a majority of the workforce at the entry level positions
becomes
Suggestion
become
substantial and helps the enterprise to grow.
Additionally
, lower compensation for non senior positions has a direct impact on the firm's
bottomline
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bottom line
.
On the other hand
, we have
senior executive board
Suggestion
a senior executive board
and leadership members who command very high salaries. But they are
also
the ones who provide strategic direction to the organization and take on its behalf the most important decisions.
Furthermore
, these executives are immediately questioned for any error in judgement and
hence
, risk losing their job. According to a survey
on
Suggestion
of
top management compensation, 80% respondents felt that executive level
payscale
Suggestion
physics
physical
pay scale
is commensurate with the responsibility they undertake. In my opinion, the non-senior positions don't have the threat of job loss looming on their heads. They work
hard but
Accept comma addition
hard, but
their decisions don't have a direct impact on the complete enterprise. Senior executives are always under pressure to perform and their decisions impact the livelihood of all the employees. So, to motivate them, they should be the ones earning more than their junior counterparts. So, in conclusion, I fully agree that the senior leadership team of a company needs to
paid
Suggestion
pay
more to adequately compensate them for the challenging and pivotal decisions they undertake in comparison to the non senior positions.
Submitted by Rahul on

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Topic Vocabulary:
  • Senior management
  • Salary disparity
  • Incentives
  • Income inequality
  • Organizational culture
  • Career progression
  • Employee morale
  • Compensation
  • Financial success
  • Decision-making
  • Responsibility
  • Merit
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