Large companies should pay higher salaries to CEOs and executives compared to other workers. To what extent do you agree or disagree?

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In
this
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competitive era, most of the firms run by top-level executives.
Therefore
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, gigantic industries ought to send
the
Correct article usage
an
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enormous amount to higher officials than their employees. I am in complete accord with the given ideology and the reasons for my opinion will be elucidated in the forthcoming paragraphs with a relevant illustration.
To begin
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with, there are numerous reasons to support
this
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notion.
First
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and foremost, senior-level executives are more skilled. To explicate, company leaders are aware of new technologies and additional skills due to which they are highly able to run the business smoothly. Thereby, they deserve a hefty amount of salary as compared to other employees.
For instance
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, as per a survey conducted by the London University in 2019, 80% of private sectors run by high profile people who have good knowledge to run the firm.
Hence
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, the success rate of companies has been escalated to a great extend as compared to the government sectors.
Therefore
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, it is evidence that CEOs truly deserve high payment for their duty.
In addition
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to
this
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, another major factor to favour
this
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statement is that company leaders are well experienced by which they have to carry the whole burden of the industry on their shoulders. To explain, experienced one can run the job more accurately by carrying all the responsibilities of the job.
As a result
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, the status of the factory improves with the efforts of their seniors. To exemplify, as per recent research done by The Times of India newspaper, the chairman of the Goggle company runs their business on his own as he has two decades of work experience.
Consequently
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, he does not find any hindrance to run his association and
also
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uplifts the status of his industry. To conclude, owing to reasons
such
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as senior-level officials having extra skills and more experience, I agree with those who opine that top executives of high-level companies should deserve more remuneration than regular employees.
Submitted by artigourav1992 on

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Topic Vocabulary:
  • executive compensation
  • income disparity
  • corporate governance
  • incentive structures
  • ethical considerations
  • competitive advantage
  • demotivation
  • pay structures
  • social inequality
  • talent acquisition
  • company culture
  • economic impact
  • leadership roles
  • employee morale
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