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?

It is believed by some that there are benefits to senior management being paid substantially more than lower-level employees. I
also
consider that paying significantly higher compensation to senior executives is not only justified but
also
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
with, I believe that as pay differences between job levels increase, the value of receiving a promotion
also
rises.
In other words
, 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
in turn would increase the company's
overall
productivity.
Secondly
, the higher stipend
are
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is
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justified because today's senior management's role is much broader than simply running the company.
For example
, today public relations skills need to be significantly better, as the cost of even a minor slip-up can be catastrophic.
Similarly
,
due to
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.
Additionally
, the higher-level executive officers have to take accountability for not only their actions but
also
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.
Thus
, higher payroll for executive officers
are
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is
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not unwarranted.
To sum up
,
although
some people may consider the high pay to top-level management to be unfair, I find them not only acceptable but
also
well deserved.
Submitted by naavyaa7 on

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