Compared to other employees, CEO’s and executives must pay high wages by big firms. I am agree with this statement because considering the experience and qualiflcation they must paid higher salary packages.
Firstly, the higher officals they having lot of work experience in this field. They only lead campaines tothe topmost through planning and ideas. They investing to their full energy Tothe sack of the organizations. their is big Competition going between the companies for that they must perform well, so they need high salary. If the the firms are not providing high salary packages they will resign and search for high wages more than they are getting from the present firm.
Secondly, the qualification base there is a big part in salary packages. The educated people only become “CEO’s and executives. Compairing with other workers they do not have that much qualification, so they are getting low Salaries. If the companies are not paying high salary their work quality with get disturbed kind of timing, lag of file works. Through this companies income become in down way. They will not act efficient in their work, the well affect badly in the firms growth. In some cases organisation get demolished.
In conclusion, the higher officals get Salaries Considering their work experienceand high qualifation. Through the efficient CEOs and executives the compard demand will be high br all time
