Is it a good thing if senior management workers in a company get a much higher salary than other workers in same company .Do you agree or disagree?

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It is believed by some that there are benefits to senior management being paid substantially more than lower-level employees. I
also
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consider that paying significantly higher compensation to senior executives is not only justified but
also
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beneficial for the company. There are many reasons why higher wage
to
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for
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executives and CEOs is actually beneficial.
To begin
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with, I believe that as pay differences between job levels increase, the value of receiving a promotion
also
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rises.
In other words
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, if the person above is making a lot more money, the other employees would work harder to get promoted to get the same salary.
This
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in turn would increase the company's
overall
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productivity.
Secondly
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, the higher stipend
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justified because today's senior management's role is much broader than simply running the company.
For example
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, today public relations skills need to be significantly better, as the cost of even a minor slip-up can be catastrophic.
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,
due to
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globalisation, supply chains of companies are spread out across countries and the knowledge needed to deal with them is unending. In fact, the mental stress and challenges that senior-level executives face today in itself are reason enough for the high earnings they are paid.
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, the higher-level executive officers have to take accountability for not only their actions but
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for all employees under them. To cite an example, recently the principal of the school in Delhi was fired for the untoward actions of a teacher towards one of his students, even though the principal was not directly involved and had no knowledge about it.
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, higher payroll for executive officers
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not unwarranted.
To sum up
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,
although
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some people may consider the high pay to top-level management to be unfair, I find them not only acceptable but
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well deserved.
Submitted by naavyaa7 on

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Topic Vocabulary:
  • hierarchy
  • responsibility
  • accountability
  • strategic decision-making
  • leadership
  • attraction
  • retention
  • highly skilled
  • experienced professionals
  • motivation
  • reward
  • experience
  • contributions
  • inequality
  • morale
  • productivity
  • performance-driven
  • compensation
  • pay gap
  • result-oriented
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