For some
time
now, it has become a topic of debate as a section of the society believes that paying excessively to
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seniorAdd an article
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most staff of an organization is completely acceptable, whereas others hold a view that
this
is not fair to the junior workers. In my opinion, I completely agree that
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huge compensation to executives should be regarded positively.
On the one hand, many have valid arguments against higher
salaries
to
executive levelAdd a hyphen
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employees
.
First
and foremost, everyone in a firm works around 9 hours a day,
that is
the reason everyone should be paid
accordingly
.
This
is because as per the IT markets' standard,
employees
on each level have to clock
45 hours per week regardless of their positions and Infosys is the prime example of
this
.
Besides
this
, without any effort of
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on lower positions, seniors can not drive a company because most of the technical work is done by the juniors and
higher levelAdd a hyphen
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employees
just deliver that to clients.
Furthermore
,
employees
with less
experience
have
also
invested a prodigious amount of money and
time
to acquire the required
experience
and educational degree;
thus
, attractive
salaries
to seniors is not a fair process followed by companies.
On the other hand
, people who advocate the view that
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higher
salaries
to directors and VPs have certain reasons behind their thinking.
Firstly
, running a firm smoothly requires a team of workers with extensive
experience
and knowledge about different industries to deal with numerous international clients and to crack any deal in no
time
. These senior-most people have been working in different sectors since ages so their
experience
and work commitments should be compensated with handsome
salaries
.
Besides
this
, if a director fails at any point of
time
means the entire organization would suffer. Mahindra Satyam,
for example
, has a similar story where CFO failed to run the company
as a result
, lower staff had to suffer as they were terminated.
Therefore
, I wholeheartedly agree that attractive remuneration to directors is completely fair and the right approach.
To conclude,
although
many still argue that paying excessive
salaries
to the top-most worker is unfair to juniors, I am completely convinced that
this
is definitely a fair option as these people are behind running the business properly and due to
this
the workers on lower positions are earning.