***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.***

There is no denying the fact that

salaries

regardless of the position have been considered a hot topic, nowadays. One school of thought believes that a specific number of employees getting higher

salaries

is good for the economy but others consider

this

as unfair treatment and they feel that the government should apply caps on wages after a certain level.

However

, I believe that it is essential for the government to closely monitor the

salaries

of individuals. On one hand, it is believed that individuals being paid huge amounts of money, is because of their smartness and efforts in their profession. If not paid enough,

this

will not do justice to the positions they serve.

Moreover

, the amount of taxes they pay

also

are enormously huge because of higher tax brackets, which not only highlights their contributions in terms of generating revenue for the nation but

also

shows their presence and importance in new innovations. Western countries promote high wages rules,

for instance

, they consider the ongoing importance and contributions towards growth and development

as well as

keep those people motivated towards their work.

On the other hand

,

this

sometimes may cause imbalance within the society, especially in the wealth distribution among all. Richs are becoming richer and the poor are getting poorer, which is unacceptable at a nationwide level.

Due to

this

, inequality in the unfair wage caps numerous counties,

for example

, India, Bangladesh etc. have started setting standards on the salary given to the employees, in order to downgrade the rising gaps between pay.

Consequently

, many CEOs and Directors

also

protested over

this

decision,

although

the governments have to take necessary action to carter

this

issue.

To conclude

, without a doubt, it is important to pay higher to top positions for keeping them motivated and they

also

are heavily penalised with taxes, but in my perception, the government should make certain laws and implement slab systems for the

salaries

for each position, which can create fair distribution standards in the offices.