In some countries, a few people earn extremely high salaries. Some people think that this is good for a country, while others believe that the government should control salaries and limit the amount people can earn. Discuss both views and give your opinion.
Wealth has increased over time and many have argued that individuals with uncommon compensations are beneficial to communities, while some are of the opinion that the authorities have to control the earning capacity of its citizens.
This
essay would be discussing the opposing views as well as my opinion.
With more responsibilities, experience and knowledge on the job comes the opportunity to receive better financially than the average person. Linking Words
This
has allowed for people to develop themselves and be of great value to their workplace. Linking Words
For instance
, a female who is vested in her personal and career development is rewarded through bonuses and other incentives, as she, through her actions is ensuring the bottom line of the company is achieved. Linking Words
This
ensures that smart work is recognised and praised, laziness and mediocrity is criticised. Linking Words
Secondly
, the environment partakes, as additional revenue is remitted to the administration. Boosted wages often results in higher taxes and fees payable to the legislation, which Linking Words
then
ensures that programs to aid the masses are carried out. Linking Words
For example
, proceeds from levies are used to fund school programs, feeding and housing the homeless. Linking Words
This
increment provides an avenue to reach more adults and Linking Words
this
I believe has a higher impact.
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On the other hand
, close monitoring of the employee reward system by the government can be instrumental in bridging the gap between the rich and poor. Linking Words
This
income disparity has brought on a negative type of competitiveness within society, where everyone is comparing themselves to the influential and finding all means often times illegal, to become them. Linking Words
For example
, in an attempt to keep up with the affluent group, humans steal and even kill to fill their bank accounts. Linking Words
However
, with the introduction of a cap, all mankind is leveled and almost equal financially.
In conclusion, uncapped salaries helps the economy grow as wealth expands amongst communities, Linking Words
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however with
checks and balances, greed and corruption can be reduced drastically. Accept comma addition
however, with
Although
in my opinion, I believe there should be a balance between the two views as both are advantageous to the world.Linking Words
Submitted by Ozofu Emiowele on
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