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

Some
people
think that
company
CEOs
and executives should receive much larger salaries than other employees in a
company
.
This
view suggests that
people
in
positions
of power, whether it is deserved or not should be highly compensated, which I find highly unconvincing. The idea that
people
who hold the highest
positions
in a
company
somehow deserve salaries that supersede the average
company
salary by 5 to 25 times is deeply unjustifiable. It is hard to accept the notion that
people
should be rewarded based on their hierarchical position, as opposed to the
amount
of work they contribute or valuable knowledge or skills they possess. It seems to me that
people
should receive a salary
that is
completely correlated with the
amount
of effort they dedicate to a
company
or organization or that
people
should be compensated on the
amount
of time they contribute or for how essential their work or skills or knowledge is for the
company
.
For example
, a virtually absent CEO or executive should not be paid 20 times the
amount
a talented, hardworking employee receives.
Furthermore
,
people
who usually acquire the most powerful
positions
in companies usually do not do so based on their effort.
In other words
, it is usually the case that
people
acquire
such
positions
on the basis of their contacts and connections which usually are indicators of a privileged upbringing and social class. Another aspect to consider is that most of the time
company
CEOs
and executives own a certain
amount
of their
company
’s shares, sometimes
CEOs
are the majority shareholders, which would ultimately unfairly impact their salaries. In conclusion, the implication that
company
CEOs
and executives should be paid a substantially greater
amount
than other workers is quite wrong, in any
case
Add a comma
,case
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it is hard to accept that
such
an argument could be fairly justified.
Submitted by siamak on

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  • firstly
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  • thirdly
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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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