In many countries, a small number of people earn extremely high salaries. Some people believe that this is good for the country, but others think that governments should not allow salaries above a certain level. Discuss both these views and give your own opinion. Give reasons for your answer and include any relevant examples from your own knowledge or experience.

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Nowadays,
companies
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are working on a national and international level, which impact their profit margin, and they give a significant amount of wages to their administration.
However
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, others argue that
this
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is totally unfair to those workers who work the whole day. I believe that the high wages of top management are reasonable
although
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companies
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also
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provide welfare to workers. In the course of the essay, I will discuss both sides. The immense amount of salaries to the top leadership of country-level industry and multinational industry are justified due to the fact, these are providing the vital number of jobs if their management does not job properly
then
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it will be closed and employees will lose their positions.
For example
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, an unskilled person posted on a chief operating officer position with a low salary package is less risky than a skilled person with a huge pay package. These benefits are essential to attract the new generation to do efforts to achieve these positions. If these posts do not give extra facilities
then
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nobody is ready to take the responsibilities.
In addition
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, it is a law of nature that leaders always get back more than others. On the other side, people argue that Governments should regulate the level of income. In different
companies
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, the same type of worker getting different incomes for the same task.
For instance
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, Google is one of the biggest groups in the world and its CEO is paid three times higher than Similar
companies
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CEO. Governments
also
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implement new laws that give more benefits to their workers. In conclusion, enormous salaries are reasonable according to their responsibilities
however
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their wages will be the same for the same job and distribute profit to lower labourers.
Submitted by mhassam7576 on

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Topic Vocabulary:
  • incentivize
  • discrepancy
  • inequality
  • social cohesion
  • equitable distribution
  • wealth concentration
  • talent retention
  • global competitiveness
  • social unrest
  • innovate
  • government intervention
  • salary cap
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