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

Few individuals advocate that the
employees
at higher positions must have more pay than their colleagues at lower
statues
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status
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.
This
phenomenon has its own pros and cons and I contend that the difference among the salaries of
workers
influenced by their roles
in
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incorporation
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a corporation
the corporation
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corporation
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corporations
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is not justifiable, and could lead to catastrophic consequences.
To begin
with, there are many arguments in the favour of higher incomes of executive
employees
. As the top leadership of a firm is considered to be
a
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the
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brain of it and they devise the roadmaps for it which impact the overall output of the corporation.
For instance
, if an organization does not have lucrative salaries for elite
employees
, it would not attract intelligent professionals, which cost the productivity of the company.
Furthermore
,
most
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the most
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upper class
of
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apply
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employees
are well-educated and experienced, so it is quite fair to reward them
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with extra-money
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extra-money
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extra money
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for their qualities.
On the contrary
,
a
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apply
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uniform wages for everyone regardless of their positions could have enormous beneficial effects on society.
First
and foremost, the comparable salaries of
workers
could help to decrease the gap between upper and lower socio-economic classes.
For instance
, if the government enhances the minimal per hour wages of other
workers
to match with
executive
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the executive
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, it would help to alleviate poverty in the country.
Secondly
,
this
strategy could improve the standard of living in the whole society, as people would have enough money to spend on their welfare
such
as education and health. In conclusion, even though more money for the higher position
workers
can encourage diligence in others, it can affect adversely
to
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apply
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the whole community. It is need of the hour to develop a mechanism to keep a balance amongst the incomes of various
workers
.
Submitted by drmehmoodahmed33 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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