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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Few individuals advocate that the
employees
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at higher positions must have more pay than their colleagues at lower
statues
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status
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.
This
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phenomenon has its own pros and cons and I contend that the difference among the salaries of
workers
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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
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with, there are many arguments in the favour of higher incomes of executive
employees
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. 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
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, if an organization does not have lucrative salaries for elite
employees
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, it would not attract intelligent professionals, which cost the productivity of the company.
Furthermore
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,
most
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the most
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upper class
of
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apply
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employees
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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
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,
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
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and foremost, the comparable salaries of
workers
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could help to decrease the gap between upper and lower socio-economic classes.
For instance
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, if the government enhances the minimal per hour wages of other
workers
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to match with
executive
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the executive
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, it would help to alleviate poverty in the country.
Secondly
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,
this
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strategy could improve the standard of living in the whole society, as people would have enough money to spend on their welfare
such
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as education and health. In conclusion, even though more money for the higher position
workers
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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
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.
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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