Some nations are facing the problem of a huge pay gap among their citizens.
is because only a few earn significantly high wages,
others struggle to make
ends meet. High remuneration is believed to be good for a country by some people,
others think that salaries and the amount individuals earn should be controlled and limited by the
Fix the agreement mistake
. In my opinion, in view of
of the brain drain of a country, stipends should not be controlled.
More innovation and inventions happen if there is no limit on the amount professionals can earn because money works as a motivational factor for many individuals.
facilitates reducing the migration of skilled professionals.
, a significant problem being faced by most Asian nations is that medical and IT experts move to developed ones
as Canada, USA and Australia in order to get better salaries.
, Asian countries are struggling to prevent the brain drain of intelligent and innovative people.
On the contrary
, there will be more equality among different societies, if there is no major pay gap.
, when individuals are treated the same, Societies become more peaceful.
a survey, Finland and Norway reserved their first place in the happiness index list because the people over there get the same amount of salary irrespective of the type of profession.
, the authorities in these countries set the minimum wage for each type of occupation.
In conclusion, it is evident that each model has its own advantages and disadvantages. Controlling the remuneration results in the brain drain of a country.
, there will be more equality if the government cap the stipend. Having said that, in my view, the government should not limit
salaries in order to encourage innovation and creativity.