In many countries, a small number of people earn extremely high salaries. Some people believe that this is good for the country, but others think that governments should not allow salaries above a certain level. Discuss both these views and give your own opinion.
In various nations, a limited number of individuals have been earning extremely high wages. While several humans see
this
trend to be beneficial for a country others opine that the governing bodies should limit the salaries to a certain stage. In my opinion, there should not be any barrier placed in the earning opportunities of the citizens as that can Linking Words
also
impact the overall growth of the Linking Words
economy
. In Use synonyms
this
essay, we will discuss both the sides of the argument to understand it better.
On one hand, the ambition to obtain a high-income job can Linking Words
firstly
work as a great motivator for the working population. Linking Words
Moreover
, it can persuade an individual to perform better in his job to reach that a senior level. Linking Words
For example
, salary increment is one of the significant factors that encourage an employee to perform well in its job. Linking Words
Secondly
, since high-salaried people have more spending power, Linking Words
for example
, they can buy expensive commodities. They canLinking Words
Add the comma(s)
,
therefore
, indirectly support the Linking Words
economy
as well.
Use synonyms
On the other hand
, if we restrict the salary bars to a certain level, the working capacity of the humans will Linking Words
also
restrict itself to a certain limit. Linking Words
For instance
, if an individual knows that no matter how hardworking he is, his salary will remain the same, that person will never put any extra-efforts to increase the profitability of the work and thereby limiting the growth opportunities of the firm as well as of the Linking Words
economy
. Use synonyms
Furthermore
, since the disposable income of the population in Linking Words
this
scenario will be more or less similar, the Linking Words
economy
will face a major slowdown in the income received from the leisure sectors.
To conclude, in my opinion placing limitations in the financial-growth opportunities of the citizens can not only adversely impact the businesses but to the overall Use synonyms
economy
of a country.Use synonyms
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