In the economic structures of many countries in the world, it is observed that a huge deviation exists
the salary structure of the employees. Some employees usually earn extremely high salaries, whereas, many other have lower pay scales. Some people consider it a positive sign
a
some refute
and proclaims that government should have
the
amount. I will discuss both opinions in my Essay.
On the one hand, it is believed that earning higher levels of salaries
individuals
beneficial for
, government and the individuals earning it.
, if an employee reaches the top limits of pay
salary scale that means he
she deserves it and company values his
her competences and experience.
, we consider cement sector and taking real life example of D.G.
, which is indeed the
largest cement producing company in Pakistan. By
analyzingconsider in detail and subject to an analysis in order to discover essential features or meaning
pay structure, it is observed that an electrical engineer is earning approximately half a Million Rupees a
a
usually earns half of it while being
the same position in terms of grade. It is because of the fact that an electrical engineer is technical person and spends more of his time
and believed to be a key person in the plant.
, he deserves more salary
compensation.
the other hand, many people believe that there has to be a limit over the remunerations paid to employees and government should back
organize the same.
, by sealing the pay scale or by limiting the amount, almost all the employees of any organization would be benefited as the pay scale of the people with lower salaries will be improved.
, MCB Bank Limited is
largest financial institutionSuggestion
the largest financial institution
in Pakistan.
, the same approach can be observed in
organization as the model discussed earlier is well implemented in
esteemed Bank. Resultantly, the employees working in
Bank are very much satisfied, motivated and contented. On the top of it, the Bank is growing at a rapid pace and earning huge profits as well as paying more than 3 Billion Rupees as Tax to Government of Pakistan.
In a nutshell, it can be said that the both approaches are logical and beneficial in many contexts. But in my opinion, the proper distribution of wealth is always a better approach and provides benefits to more and more people.
, the employers, employees, companies and governments all
benefited.