In this highly interconnected 21-centery, it is widely contemplated that CEOs and executives of large companies should be paid more than ordinary workers. Albeit, do I, individually disagree with this phenomenon, as it triggers to inequality, undermines employee motivation and poses numerable serious dilemmas.
Admittedly, one primary reason why excessively high executive pay is unjustified is that it creates enormous income inequality within organizations. It is employees who bear the biggest responsibility in the workplace be that as it may, majority of CEOs earn millions of dollars while, many workers receive modest salaries that barely cover daily expenses. A case in point is retailer companies, where top leaders earn hundreds of times more than the average employee to the contrary. Not only does this gap causes resentment and discord, but it also harms workplace morale, in turn. Too fully understand the contend, with the purpose of bridging this gap, workers should be complemented profoundly.
As convincing as these arguments may seem, there are several incredibly tactful reasons of this topic, one of which is the contribution of employees for companies. It costs a light that ordinary workers contribute far more company’s operations that executives. It is employees who tend to manufacture products, serve customers and maintain services to generate revenue. Take technology companies-for instance, when workers are motivated and rewarded properly, there is a likelihood of delivering productivity.
Paradoxically, a workforce without any CEO cannot succeed. Had it not been for executives of companies, employees are not capable to control themselves and they are not as well-versed a workforce as expected in channeling money into projects. Nevertheless, directors who runs company’s business are adept in it and they are endowed with this feature.
Having analyzed both doctrines, it is deduced that organizations should implement fairer salary structures that recognize the contribution of all employees.