Essay Title: Should large companies pay CEOs and executives higher salaries?
Keywords or Topics: salary, company
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Question: Should large companies pay CEOs and executives higher salaries?
Answer 1
The issue of executive pay has long been a topic of debate. Some argue that large companies should pay their CEOs and executives higher salaries than other workers. I partially agree with the view and will provide my own opinions here.
At first, the market determines executive pay. CEOs and executives have unique skills and expertise critical to the company's success. Therefore, they deserve to be compensated accordingly. Besides, executive pay is necessary to attract and retain top talent. Large companies should pay their CEOs higher salaries than other workers, but only to a certain extent. While it is true that CEOs and executives have unique skills and expertise and that their compensation should reflect this, it is also essential to ensure that all employees are paid a fair wage for their work. A successful company needs the effort of every employee.
Furthermore, executive pay should be tied to the company's performance. CEOs and executives should not be compensated for ...