Essay Title: Shouls directors of large organizations earn much higher salaries?
Keywords or Topics: salary
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Question: Shouls directors of large organizations earn much higher salaries?
Answer 1
All around the globe, an employee's wage depends on his designation. Many people believe that this is crucial, but some believe this to be an unjust practice. This essay will discuss why higher management is compensated more than other employees.
It is ubiquitous that directorial level employees are paid hefty salaries to work for an organization, and rightly so because they bring a lot of experience, critical thinking, and educational qualification to an organization and are responsible for steering the company towards success without an efficient director an established company can go downhill in a matter of days. For example, Nokia, a well-known mobile phone company, collapsed when the marketing director resigned to join Samsung. Higher salaries of the directors in any organization are due to the company's expertise in running the corporation smoothly.
On the other hand, mid-tier employees feel that the vast difference between their paychecks and directors' pay is unreasonable ...
Now, society is highly polarized into two groups equally because the increased wages should be paid to managers or laborers in huge enterprises. Different people have distinct mindsets. The following paragraphs will shed light on both approaches before making a final note.
To commence with, myriad reasons can be attributed to paying more rupees to the business's boss. First and foremost, everyone wants a high position in their field, but only a few people can achieve it. The firm will progress speedily if a qualified person with much field insight runs it. As a result, any organization can afford to pay more money. Secondly, higher degrees can be achieved by hardwired, and also at the expense of money. Therefore, as compensation, it is worth giving more money to the organizer.
Shifting towards the second school of thought, employees' role in the foundation can not be overlooked. Initially, they are the people who do not take care of their own; whether it is hot or cold, they ...