Some feel executives in large companies should receive high salaries while others think they are paid too much compared to ordinary workers. Discuss both views and give your own opinion.

Many believe that high-ranking executive positions deserve their exorbitant salaries, while others feel they earn disproportionately compared to normal workers. In my opinion, outsized compensation is unreasonable in a vacuum but makes sense given market dictates. Detractors often argue the ratios defy justification. Recent publications have quoted figures showing executive positions, and CEOs,

in particular

, makes hundreds of times what the average worker does.

This

includes their various remuneration packages and bonuses. It is hard to claim

this

money is deserved. Many CEOs work longer hours and graduated from top schools but their tangible impact can be marginal relative to the key driving forces behind product development and the many hard-working employees required for a business to thrive. Even the most ardent supporters of these practices would not claim their output is hundreds of times higher than a normal employee.

Nonetheless

,

this

practice follows the basic principles of supply and demand. The simple fact is that there is a nearly endless supply of average individuals to staff entry-level positions but capable executives are rarer. These high-ranking jobs require an extraordinary commitment in terms of hours that most are unwilling to invest and exceptional character qualities ranging from leadership skills to raw intelligence. Since the top positions in a company are hard to fill and the company has the finances to pay premium wages, it is logical that executive salaries outrage many workers and their bonuses that appear unjust. In fact, these payments have little relationship with justice and more to do with the economic realities of capitalism. In conclusion, though their salaries seem outlandish, executives are more difficult to replace and deserve higher pay.

This

is an uncomfortable, but crucial, truth for the average person to accept.