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.

The extreme high

salaries

are being earned by very few of the population in many nations. While many believe

this

is beneficial for the country, others feel that

salaries

should be capped. In my opinion, I believe

income

should be capped based on the industry in order to avoid making one industry more attractive than others due to the large gaps in

salaries

. On one hand, lots of people believe that it will benefit the country if a small percentage of the population are earning very high incomes. They believe

this

is evidence of hard-working and will encourage other

citizens

to follow the ethic if they want to belong to the group of high-

income

earners. In order words,

this

trend will help society to boast of people who have desires to succeed

instead

of being lazy. In Africa,

for example

, employees at oil companies earn more than many employees in other sectors. The reason is that employment in oil companies required high education results for entry levels and critical

skills

for experienced levels.

Therefore

, students who hope to earn high after study will strive to achieve high CGPAs in their studies and experienced-level applicants would be driven to pursue critical

skills

.

However

,

on the other hand

, many feel that

income

should be capped for industries. They believe

this

will give level playing fields in the job markets. In order words,

citizens

can choose to study, develop

skills

and work in their fields of interest.

This

will eliminate inequality in society, in terms of earning

income

.

This

will

also

benefit the government in the areas of

skills

development

that is

needed in every sector of the country. In Australia,

for example

, due to the very low gap in wages, lots of

citizens

have the confidence to choose any career path for a quality life. Those who did not attend higher education were able to pick cleaning jobs or labourer jobs due to good wages and if they complete many hours in a week or a month or a year, they are able to earn close to the

salaries

of professionals who attended universities. Opinion, I agree with the

second

view above that differences in

income

should be reduced.

This

will in the long term, eliminate the gap between the rich and the poor.

That is

, the larger percentage of society will have almost the same purchasing power in markets. In conclusion, wages should be implemented in a way that one sector will not be more favourable than others so that

citizens

can genuinely pursue their careers based on their skill levels.