Some companies give a higher salary to CEO than the common employees. To what extent do you agree or disagree?
Whether
company
managers
should have higher salaries than common employees
has been a controversial topic, especially when various social theories criticising capitalism have irreversibly waken the labour
class
. From my perspective, people who make great contributions deserve a considerable payment, but this
should not endanger common employees
' basic welfare
.
One of Maxism's contributions is raising the awareness of the labour
class
to defend their own welfare
. Nevertheless
, precisely as other theories out of good intentions, this
theory can easily be so extreme that company
managers
seem to be unnecessary and have been exploiting the labour
class
. History tells us this
is not true. Without Lisa, AMD's CEO, those revolutionaries, including significantly increasing research investment, simplifying management structures, and synchronising the progress of different departments could not have happened, which have remarkably increased the income over the past five years and allowed the company
to allocate more resources to their employees
. And when Lisa's four million dollar annual salary was released, there were not many controversies. This
suggests that managers
who are competent deserve a good salary.
Nonetheless
, company
does not merely consist of Add an article
the company
managers
. On the contrary
, the labour
class
is the majority and hence
their welfare
also
deserves enough attention. If managers
' salaries have seriously harmed the interest of common employees
, the side that should compromise is not the employee. What happened to Disney's managers
is a persuasive example, whose CEO earned over two million dollars in 2019, which was twenty times the average income of Disney in the year. Owing to his salary, many workers were forced to renounce their bonuses and this
finally
led to a large-scale strike which resulted in a three million dollar loss. Obviously, in this
illustraion
, the high payment of Correct your spelling
illustration
managers
is harmful both for common employees
and the company
.
To summarise, CEOs who are competent deserve a good reward, which is the recognition of their contributions. But their salaries should not do damage to common employees
' welfare
and the development of the company
as aSubmitted by hx88375757 on
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