In many countries senior positions have higher salaries compared to those of young workers of the same company. Some people think this isn’t justified. Do you agree or disagree?

Now days, Increasing income disparity has become a heated issue. Some people opine that individuals in top positions getting higher wages is beneficial for any organization since it increases motivation to perform and attracts the best global talent. While, others think it has adverse effect of rising inequality and discrimination. In my opinion, individuals holding higher positions have to take
great
Suggestion
greater
responsibility, make vital decision, and possess their unique ways to generate incredible revenues for the institutions.
Therefore
, they deserve better compensation for their unparalleled contributions to the company. The Greater
salary
for top executives certainly plays a commanding role in motivating employees to work harder and achieve goals. Business research has proved that financial incentives are a basic need and greater the
salary
, the more is the
employee
driven to achieve organizational goals.
Moreover
, higher
salary
also
attracts and retains globally scarce top management talent. Organizations
such
as the public sector undertakings which do not pay globally competitive
salary
often suffer losses as compared to private enterprises that pay huge pay and bonus.
Furthermore
, the job of a top official is mostly invisible to the ordinary workers. The job responsibilities of a top executive may range from controlling the quality of production to dealing with the prestigious clients, setting up the marketing strategy for survival in competition, planning for future product development, analysing the consumers’ needs, inventing new products, making future plans, hiring and firing employees, tackling the market inflation and more. Actually, bearing
such
responsibilities is not an easy task indeed. When an ordinary
employee
's responsibility ends when the clock ticks to 5, there is no schedule for a top level
employee
. To conclude, I think hiring top executives with an exceptional compensation is truly justified. They invest their labour, time and skills to improve the company's condition and remain behind the screen. In fact, without top level
employee
's strategy or effective planning, it is not possible for any company to sustain in the competitive market.
Submitted by jiwa on

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