Income inequality has become a great dilemma nowadays, as executives earn an excessive amount of money for a month while ordinary workers do not. Some people believe this is fair, whereas others oppose this idea, asserting that directors and employees must get the same wages. Although strong arguments can be seen on both sides, I agree with the former viewpoint.
On the one hand, workers also have a heavy workload as CEOs do. Since they work long hours and perform duties effectively, underestimating staff members’ contributions by not promoting or giving them recognition can demotivate them. For example, in the greenhouses, farmers take care of all of the plants and harvest them, but all the credits goes to the executives, which makes the work of cultivators less honorable. Therefore, higher staff turnover happens in most occupations. In addition, apart from undervaluing, the salary gap also is concerning. For instance, directors earn 5 times more than ordinary employees. This leads to disagreements and social inequality, as they may struggle to cover their debts and basic living costs.
However, I believe, there is a great risk involved in working as an executive. This is because they must lead a whole company and make critical decisions flawlessly. In case of a crisis, particularly bankruptcy, they may cover some cost personally. Moreover, CEOs pour their heart and effort into building everything from scratch, however, staff members usually start with an established system and progress through getting a promotion over the years. Hence, it is understandable why their earnings are much higher than those of ordinary people.
In conclusion, while some people think that workers should earn wages similar to executives, I personally believe that higher earnings for executives are justified due to their greater responsibilities, risks, and the effort required to lead a company successfully.