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.

Income, from
salaries
, is the primary source of livelihood for most families.
Although
a part of the population thinks that
this
is beneficial for the nation, there is a significant number who still believes that
salaries
should be regulated by the
government
,
thus
limiting the amount of money one can make. Though the essay elaborates on both
the
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views, in my
opinion
Add the comma(s)
,opinion
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there should be minimum to nil
government
regulation on the amount of money that people make.
Salaries
are given by institutions to their employees based on their performance at
work
.
Thus
, any hike or decrement in
salary
works in a ‘carrot and stick’ manner. Good
work
is credited and any dereliction of duty, punished.
This
promotes the
salary
earner to
work
harder and better.
Also
, it generates
a
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healthy competition amongst colleagues which improves efficiency in project
work
. One of the downsides to
this
is, it may create
an
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unnecessary and fierce competition among peers, leading to a stressful
work
environment.
Government
control over
salaries
is a measure to prevent
such
cut throat
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cut-throat
show examples
competition. But,
this
is far from reality. Regulation over
salaries
promotes complacency in the staff and may lead to nihilistic depression. If an employee knows that his
salary
is going to be capped at a certain level, he will never try to increase his efficiency at
work
once he reaches his
salary
limit.
Government
intervention
also
discourages the employees from acquiring new skills and implementing them at
work
as the amount of money earned stays constant.
Thus
,
government
control has little in its favour and the advantages of having no regulation over earnings of salaried employees far outweigh the drawbacks.
Hence
, I feel that there should be no federal control over
salaries
.
Submitted by skullyani on

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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
    • Sentence 3 - Discussion
    • Sentence 4 - Conclusion
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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Topic Vocabulary:
  • wealth inequality
  • economic growth
  • motivation
  • talent acquisition
  • consumer spending
  • tax revenue
  • redistributing wealth
  • market forces
  • income disparity
  • social stability
  • freedom of choice
  • meritocracy
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